As Bill asked, "who will buy?" after we fund almost our entire deficit with instantly created cash for a quarter? Also note that he observes: "Bond yields and stock prices are resting on an artificial foundation of QE II credit". What happens when foundations are removed?

Bill Gross: Who will buy Treasuries when the Fed doesn’t? – Investment News: www.investmentnews.com/article/20110308/FREE/11030…09913

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