FOMC

I'm just trying to get some common sense, FED spend 1.25 TB last year within 12 month to by MBS, and now when it's over, they use the same 1.25 to buy TR.
And this past week, they announce they will use anoter 100B a month for the next 6 month to buy TR, this means from now (Nov 2010) to next 6 month (May 2011), we will have 200B into US TR monthly.
With counting of 20 days (business days) per month, we have 10B perday money printed from thin air by FED.

Just to give a common sense, S (Sprint) AA (Alcoa) are at about 10 to 13 B market cap. So we are creating a Sprint or Alcoa EVERY BUSINESS DAY! And Alcoa have 60K employee, that means we can support 1.2 Million people work every month!

That means we can get 7.2 Mil people work after 6 month if we don't use the money to buy US TR but directly invest in the company!


Update:
OK, after reading more on the news, I was wrong, it's total of 110B per month, including 75B QE II and 30B QE I.