Don’t dump your bonds just yet – Irwin Kellner – MarketWatch

“Since the Fed first hinted last spring that it was considering cutting back the volume of bonds it buys every month…”

via Don’t dump your bonds just yet – Irwin Kellner – MarketWatch.

It’s simply mind boggling that an institution like Market Watch, can just offhandedly say that ‘the federal reserve is buying bonds that the treasury prints representing currency that the federal reserve prints’ without a single nod to the financial lunacy that it represents. It’s a toss away line. The article is all about why you should still hold bonds.

People, we live in crazy world.


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