The Fed’s Treasury Purchase Plan is Just Further Proof That It’s in the Denial About the Dollar

This week's decision by the U.S. Federal Reserve to buy Treasuries in an effort to prop up borrowing is further proof that the economy is worse off than policymakers would have us believe. But more than that, the Fed's Treasury purchase plan is just one more reason for investors to anticipate inflation and take steps to protect their money from it. In case you missed the news, here's what happened...