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Fed Leveraged 50 to One: 2% Default and Fed Becomes Insolvent

02-18-2009 • Benbittrolff.blogspot.com/

This figure implies an increase of the Fed's leverage from 22 to 50. As we have seen there are large new positions of dubious quality on the Federal Reserve balance sheet. More specifically, should only 2% of the Fed's assets go into default.

Zano

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