Please do not let the pundits, the masters of American public opinion be surprised when the dollar becomes worthless.

“The US Federal Reserve says it will buy almost $1.2 trillion (£843bn) worth of debt to help boost lending and promote economic recovery.” (Read more from news.bbc.co.uk)

See also: National debt hits record $11 trillion

This entry was posted on Wednesday, March 18th, 2009 at 11:41 pm and is filed under Money/Economy/Taxes.