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Strategies & Market Trends : The coming US dollar crisis

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To: roguedolphin who wrote (34607)1/23/2011 2:29:58 PM
From: the navigator1 Recommendation  Read Replies (1) of 71479
 
The Federal Reserve is bankrupt too....NO??

well, according to the change that was made uptown...the fed is now the us treasury...sort of...

Accounting Tweak Could Save Fed From Losses

cnbc.com

But the new rules have slowly begun to catch the attention of market analysts. Many are at once surprised that the Fed can set its own guidelines, and also relieved that the remote but dangerous possibility that the world's most powerful central bank might need to ask the U.S. Treasury or its member banks for money is now more likely to be averted.
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