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Daniel Amerman: Fed is monetizing 90% of U.S. deficit to keep interest rates from rising and crashing markets

11:50a ET Sunday,December 15, 2019 Dear Friend of GATA and Gold: Financial analyst Daniel Amerman calculates this week that in the last three months the Federal Reserve has been monetizing 90 percent of the U.S. government's exploding budget deficit in the hope of preventing interest rates from rising and thereby crashing the stock, bond, and housing markets. Amerman writes: "The Fed is creating new money and using it to buy...