http://finance.yahoo.com/blogs/breakout/monetary-fiscal-policies-last-4-years-failed-jim-132126005.html
In a widely anticipated move, the FOMC announced yesterday that it will
extend its "Operation Twist" program through the end of 2012. Launched
last fall and previously scheduled to end at the end of this month,
Twist is intended to stimulate the economy by lowering long term
interest rates. The Fed plans to spend $267 billion on the extension
bringing to the total spent shuffling debt maturities to 2/3 of a
trillion dollars.
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