Open Market Operations
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So the primary dealers are determined by the SEC to make sure the Fed isn't making risky transactions. This is the same SEC that was making sure fund managers like Madoff, Sanford, etc... weren't making risky transactions. Right?
What I don't get is where does the Fed get the money to make Open Market Purchases?
high5flyer 2 years ago
This is one of the most brilliant things I have ever hear/seen.
fubukid94 2 years ago