Fed to Buy $600 Billion of Treasurys - WSJ.com

Fed to Buy $600 Billion of Treasurys - WSJ.com: "The Federal Reserve, in a dramatic effort to rev up a 'disappointingly slow' economic recovery, said it will buy $600 billion of U.S. government bonds over the next eight months to drive down interest rates and encourage more borrowing and growth."

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Just more shifting of debt. We haven't even begun eliminating it. We'll need a real recovery for that.