The Black Swan Rears Its Head: The Fed Has Negative Capital Using GAAP Accounting
by Pam Martens and Russ Martens, Wall St On Parade: The Fed’s unprecedented experiments with years of ZIRP (Zero Interest Rate Policy) and QE (Quantitative Easing), where it bought up trillions of dollars of low-yielding U.S. Treasuries and agency Mortgage-Backed Securities (MBS) and quietly parked them on its balance sheet, are now posing a threat […]
Source: https://www.sgtreport.com/2024/04/the-black-swan-rears-its-head-the-fed-has-negative-capital-using-gaap-accounting/
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