Fed POMO Purchase

Even though I am taking a break in posting for a short while, I did want to show the acceleration in printing that is occurring and the new printing schedule that is out taking us well above the $600 billion by the end of June 2011.  As of May 13th 2011, the FED has printed $639.77 billion since November 3rd 2011 (since the FED announced the printing of $600 billion dollars) and $ 704.23 billion since August 17th 2011. 

The current printing schedule is as follows: