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To: Brian Sullivan who wrote (43044)1/2/2013 9:33:16 PM
From: Keith Feral  Respond to of 174601
 
FED balance sheet is going to get much bigger over time. I have zero doubts about that, and I don't see it creating too many problems since the revenues from the FED go back to the Treasury. The more the FED internalizes the deficit, the fewer revenues heading to China or Japan. Greenspan should have started monetizing the deficit 10 years ago when rates were much higher. But, Bernanke has basically made money on every single bond he's bought since 2009.