As of August 26, 2020 the Fed's Balance Sheet is nearly $7 trillion total of which $3.7 trillion are notes or bonds, and nearly $2 trillion in mortgages
Poster Comment:
The FED bought bad and even fraudulent MBS to keep Bankers out of jail.
| Source: | https://www.thestreet.com/mishtalk/economics/the-fed-now-owns-nearly-one-third-of-all-us-mortgages |
| Published: | Sep 28, 2020 |
| Author: | Chris Martenson |
| Post Date: | 2020-09-28 16:14:37 by Horse |
| Views: | 30 |
As of August 26, 2020 the Fed's Balance Sheet is nearly $7 trillion total of which $3.7 trillion are notes or bonds, and nearly $2 trillion in mortgages
Poster Comment:
The FED bought bad and even fraudulent MBS to keep Bankers out of jail.