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发表于 2010-4-20 02:34 PM
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本帖最后由 Diffusion 于 2010-4-20 15:37 编辑
Read somewhere that the US interest payments on the debt actually went down a bit thanks t ...
AGA7d 发表于 2010-4-20 15:23 
Fed had no official tool to directly control the long term rate... But there are things Fed can do to influence the long term rate:
1. Peg short term rate to 0, so the long term rate cannot rise dramatically
2. Paint a lukewarm recovery picture to deter money flow into risk asset, so the money stays in the Treasury
3. Buy Treasury directly with printed money
Anyway, it's all about investor's confidence. Greece now attracts all the attention ... |
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