Derivatives: Darth Vader's Revenge Message Board

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Non-Tech : Derivatives: Darth Vader's Revenge

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ggersh

To: Worswick who wrote (2722)	4/9/2020 9:52:52 AM
From: The Ox	1 Recommendation Read Replies (2) of 2794

The Levy Economics Institute used the data that the Federal Reserve was forced to release through an amendment attached to the Dodd-Frank financial reform legislation in 2010 to compile the $29 trillion tab. Its figures are in line with the audit done by the Government Accountability Office (GAO), also mandated by the same amendment. The GAO audit included most, but not all, of the Fed programs, so its figures fall short of the comprehensive job done by the Levy Economics Institute. How many trillions have the FED used in only 2 months in 2020? Looks like that $29 Trillion may look on the "small side" with the spending ("loans") needed in the coming months....

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