Treasurys held in custody at the Fed on behalf of foreign central banks, sovereigns and reserve managers dropped by a record $109 billion - the biggest monthly drop in history - and the Fed panicked...
Poster Comment:
The CIA has a slush fund for its profits from selling drugs, illegal weapons and American children as sex slaves. They had to run though $2 trillion of their gains covering for the sale of US bonds by foreigners. Eventually, Helicopter Money comes to a bad end.