Tuesday, February 09, 2010

 
 
 

 
 
 
 
 
Incredibly frightening chart of the Fed's balance sheet
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Friday, June 12, 2009
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From Zero Hedge:

Total Federal Reserve balance sheet assets for the week of June 3 of $2,067 billion consisting of:

- Securities held outright: $1,134 billion (an increase of $19.1 billion, resulting from $16 billion in new Treasury purchases while Fed Agency debt was flat)

- Net borrowings: $498 billion (no change from the updated prior week)
 
- Float, liquidity swaps, Maiden Lane and other assets: $436 billion (decrease of $17 billion due to a continued reduction in Central Bank Liquidity Swaps ($11 billion) and $4 billion in CPFF outstandings

View scary chart…

More on the Fed:

This is the perfect way to front run the government

Great article by Ron Paul calling for elimination of the Fed

Boondoggle reaches epic proportions... Fed cannot account for $9 TRILLION


Topics: Government Stupidity | Inflation | Boondoggle
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