Jerome Powell: "Let them eat stocks!!" t.co/kUfaVbEwqG
— PeakProsperity.com – Fed goes Brrrrrrr (@chrismartenson) June 29, 2020
The Fed’s Reckless Bailout Experiment
The Fed’s latest policies should put the issue to rest. But this may be a very costly experiment.
Federal Reserve Balance Sheet: 32.7% of GDP
European Central Bank Balance Sheet: 47% of GDP.
Bank of Japan Balance Sheet: 115% of GDP. pic.twitter.com/Wr2Z7OHs5O
— Daniel Lacalle (@dlacalle_IA) June 29, 2020
Trending:
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- Fifty More US Banks on the Verge of Failing
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- Are They Actually Trying To Crash The Economy On Purpose?
- UBS may bail out of the Credit Suisse deal, too many issues.
- UKRAINE WAR ENDING?
- To the moon! The interest payments of the US Government as old debt is rolled into new one.
- The UN Moves to Take Control of ALL Water
- Elon Musk responds to Biden’s bullshit nationalization of land in Texas
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