Fed’s $168.2 Trillion Nightmare That Powell Ignored In Written Testimony Before Senate Banking Committee (Bank Staggering Derivative Exposure)

Sharing is Caring!

by  confoundedinterest17

Yes, Fed Chair Powell gave written testimony before the US Senate Banking Committee. He left out one important bit of information: US banks have $168.2 TRILLION in derivative exposure.

It could be that Chairman Powell had other things on his mind, like reverse repos over $1 trillion and a $8.26 trillion balance sheet.

See also  It’s Beginning to Look a Lot like a Recession – Supply Chain Issues Before Christmas

 

 

Trending:
See also  Zelensky says it will cost a TRILLION dollars to rebuild Ukraine

Views: 9

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.