It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Senator Kirk: In laymans terms, this is one part of the government lending to the another part of the government money, which would not lead to long term confidence, once the people understood the basics a little bit better.
Bernake: Well it should be added that we also have an funding cost, and as interest rates goes up we will have a liability cost as well as an asset cost so it may or may not be a return to the Treasury.