Is there no way to end the FED?
Fed's ‘Operation Twist' Will Probably Fail, Roach Tells CNBC - BusinessWeek: The Fed's efforts to spur growth have included purchases of $2.3 trillion in securities from December 2008 through June in two rounds of so-called quantitative easing. U.S. policy makers said yesterday they will extend average maturities of Treasuries in its portfolio by buying $400 billion of long-term debt while selling an equal amount of shorter-term securities, dubbed “Operation Twist” after a similar program in 1961.
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