So what does it add up to. This is a Bernake, Yellen, Obama ticking time bomb on the financial markets. Could this $2 trillion in junk be sold for anything? They have never even asked. So who will?
Monday, June 12, 2017
FED Balance Sheet
Every once in a while it is worth looking at the FED Balance Sheet. Here is the core values.
This is what it would look like if the FED just did FED business, BUT!
We still have this mess. $@.5 trillion or so of normal like stuff and $2 trillion of that old mortgage backed securities the FED soaked up. They may be really worth nothing!
So what does it add up to. This is a Bernake, Yellen, Obama ticking time bomb on the financial markets. Could this $2 trillion in junk be sold for anything? They have never even asked. So who will?
So what does it add up to. This is a Bernake, Yellen, Obama ticking time bomb on the financial markets. Could this $2 trillion in junk be sold for anything? They have never even asked. So who will?
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