It is always vivid. The Fed is buying American government bonds and scrap paper of all kinds for a thousand billion dollars. This means nothing else than that one buys himself his own gigantic debt to pump itself. The thing is so absurd that it hardly even a normal person can understand, especially in its implications.
A state buys its own bonds! Genial! Soon a vorpommersche soapbox screwed their own wheels, which it has baked from manure in straw furnace itself! (more ...)
