The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: DebtBomb who wrote (37618)	4/26/2011 7:55:57 AM
From: Giordano Bruno	1 Recommendation Read Replies (1) of 71475

7. In March of 2009 you stated that for QE1 the Fed was printing money. However, you have stated that QE2 is not printing money. Can you define the difference? 13. A quick look at your most recent balance sheet indicates that "Other Federal Reserve Assets" hit an all time high of $125.6 billion in the week ended April 20. Can you provide a break down of what these "assets" consist of? 21. Bonus question: Per Frank-Dodd, the Fed is now regulator of all banks. Yet banks are still allowed to circumvent Mark To Market accounting. How comfortable is the Fed that the financial information provided it by the MTM-exempt institutions is credible, the institutions are actually risk-free, and that the Fed is conducting prudent monetary policy in the absence of real time financial data? zerohedge.com

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