Tuesday, May 19, 2020

Fed balance sheet stands at $7 trillion

https://wallstreetonparade.com/2020/05/taxpayers-are-on-the-hook-for-98-percent-of-the-feds-6-98-trillion-balance-sheet/

 

The $7 trillion balance sheet is divided among the 12 regional reserve banks. The regional banks that own the regional reserve banks are only responsible (by law and regulation) for about 2% of the balance sheet.

 

Charlie Cooper

 

 

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