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#1: BTP Holdings    To: Horse (#0)

If the Fed balance sheet to debt ratio stays at the post GFC average (c.30% vs c.38% current) then the Fed balance sheet would be around $40tn in 2050 from just under $8tn today.

This shows us why Andrew Jackson proclaimed of the bankers, "You are a den of vipers and thieves and by the Almighty I shall rout you out."

BTP Holdings posted on 2021-05-21 08:02:00   Reply   Private Reply