Writer at The Animal Spirits Page
Contributor's Links: Animal Spirits Page

Benign Brodwicz (pseudonym) lives in the United States . Visit his website: Animal Spirits Page.

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Why Shouldn't The Fed Write Off The U.S. Treasury Debt It Holds?
Another two or more years of ZIRP (zero interest rate policy) is a subsidy to banks carrying bad debt at inflated “extend and pretend” values permitted by today’s phony accounting.
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STOCKS I FOLLOW

AGG iShares Trust - iShares Core U.S. Aggregate Bond ETF
DIA SPDR Dow Jones Industrial Average
IVV iShares S&P 500 Index Fund
QQQ PowerShares QQQ Trust Series 1
SHY ISHARES LEHMAN 1-3Y ETF
SPX S&P 500 Index
SPY SPDR S&P 500
TBT ProShares UltraShort Lehman 20+ Year Treasury ETF
TLT iShares Lehman 20+ Year Treasury Bond Fund

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