Monday, January 10, 2011

The FED goes to Crazy Town

Great discussion and stories about the basic question of "What is money?".  This is a topic I have thought about quite a bit lately.  Is money physical?  Is money psychological?  Is money real?  When and where does money end?  Is money trustworthy?  Is money "magical"?  Download it in MP3 format to listen on your iPod thingy while you run, or walk, or ride a bike, or drive your car, or ski, or take a hike, or .......

 By the way the FED got within pennies of "spending" all of the mandated $1.2 Trillion buying MBS's.

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