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Inflation

Uncle Ben, Inflation is Already Here

With the American public generally against adding more to the deficit via stimulus spending, the Obama Administration may have influenced the FED in getting the FED to add more stimulus anyway.

The FED is reportedly looking to buy $600 Billion of U.S. Treasuries over the next 6-7 months at the rate of about $75 Billion per month (Source: Reuters).

What people may not know is to ask the following question:

Where is the FED getting $600 Billion?