Tuesday, September 23, 2008

Nasty Fed Reserve Talk

I hear that the Federal Reserve money supply may be tainted by Credit Default Swaps to a huge degree.
Supply of Federal Reserve Balances
The supply of Federal Reserve balances to depository institutions comes from three sources: the Federal Reserve’s portfolio of securities and repurchase
agreements; loans from the Federal Reserve through its discount window facility; and certain other items on the Federal Reserve’s balance sheet known as autonomous factors.

The bailout is a coverup of this problem.

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