Comment on Quantitative easying explainedparentComments−henryprecheur15yThere's nothing fishy about it. They buy treasury bonds from primary dealers, which include Goldman Sachs.http://en.wikipedia.org/wiki/Primary_dealers−arohner15yHow about the part where Bush's Treasury Secretary (http://en.wikipedia.org/wiki/Henry_Paulson), and Clinton's Treasury Secretary (http://en.wikipedia.org/wiki/Robert_Rubin), and the NY Fed Chairman (http://en.wikipedia.org/wiki/William_C._Dudley) are all ex-Goldman Sachs. Doesn't that sound a little fishy?
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There's nothing fishy about it. They buy treasury bonds from primary dealers, which include Goldman Sachs.
http://en.wikipedia.org/wiki/Primary_dealers
How about the part where Bush's Treasury Secretary (http://en.wikipedia.org/wiki/Henry_Paulson), and Clinton's Treasury Secretary (http://en.wikipedia.org/wiki/Robert_Rubin), and the NY Fed Chairman (http://en.wikipedia.org/wiki/William_C._Dudley) are all ex-Goldman Sachs. Doesn't that sound a little fishy?