Federal Reserve Debt Monetization Explained

An excellent article can be found in The Martenson Report from August 2, 2009, entitled “The Shell Game“.

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Fed Looks to Spur Growth by Buying Government Debt

http://www.bloomberg.com/news/2010-08-10/fed-to-reinvest-principal-on-mortgage-proceeds-into-long-term-treasuries.html

U.S. Is Bankrupt and We Don’t Even Know It: Laurence Kotlikoff

http://www.bloomberg.com/news/2010-08-11/u-s-is-bankrupt-and-we-don-t-even-know-commentary-by-laurence-kotlikoff.html

Deficit in July

http://online.wsj.com/article/SB10001424052748704901104575423601722830706.html