Tuesday, August 2, 2011

Monetizing Debt

OMO is Open Market Operation is the buying and selling of government bonds on the open market by a central bank.  What does this effect?  How do these add value, and on what do these financial instruments devalue?

NFP is Non-Farm Payrolls.  What are they and why are they important?

PCE is personal consumption expenditures.

CBO is the Congressional Budget Office.