(Poll created March 19, 2009)
Submitted by editor

The Federal Reserve system has announced it will buy up to $300 billion in US Treasury Securities, and up to $750 billion in Mortgage Backed Securities (think Freddie Mac and Fannie Mae).

Where did the Federal Reserve system get the $1 trillion to do that?


Related Information

Choose all that apply
Fed Chairman Bernanke deposited $1 Trillion in the US Treasury account at the Fed, so no money changed hands
They borrowed it from the IMF, the world's biggest bank
From the EU Central Bank in Brussels
Only God knows for sure
Wait, that means the US treasury is paying interest to the Fed on money that doesn't exist
From the money tree
They borrowed it from member banks
They printed 10,000,000,000 $100 bills and sent all 22 million pounds of them in 550 tractor trailer trucks over to Tim Geithner's office
They stole it from poor people, like all working people do
They search the sofa in the Oval Office after each dignitary visit.
The Federal Reserve system injected liquidity through the Fedwire system
From our unborn grandchildren's children
They bounced a check for $1 trillion and nobody noticed
From Mexican drug dealers
I want to start a country of my own that can just make money!
From Obama's Stash
From China
If they can do $1 trillion, why not $100 trillion - we'll all be rich
Its a scam , like social security
Isn't this how Zimbabwe tried to solve their money problems?
This makes my head hurt
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