Market meltdown

[KingsGambit]

Four Senators have been named Feinstein, Burr, Inhoffe and Loeffler

My understanding is two of them had it in a blind trust so wouldn't have been directly responsible.

[Sparko]

My understanding is two of them had it in a blind trust so wouldn't have been directly responsible.

they could have notified the trustees running the blind trust that they should move the stocks. wink, wink, nudge, nudge.

[demi-conservative]

Reserve requirement ratios are now zero. Banks can now print at will.

[seanD]

Reserve requirement ratios are now zero. Banks can now print at will.

Going out with a bang. Why not. Inflation will be insane. Most folks probably don't understand fractional reserve banking to begin with though.

[demi-conservative]

For the unaware:

Hyperinflation is now a real possibility.

[seanD]

Federal Reserve holdings.

US treasuries (federal bonds): About $650 billion increase since the first of this year.




Total assets (federal bonds, state bonds, corporate bonds -- i.e. derivatives): About 1$ trillion increase since the first of this year.



Don't confuse the latter with a trillion a day loans they're using to keep the repo market liquid. The chart represents regular QE (to infinity). My guess is they will easily hit $10 TRILLION total assets by the years end, and the graph will look like a reverse L.

To put perspective on that, their balance sheet of total assets was less than ONE MILLION in 2008.

[demi-conservative]

Don't confuse the latter with a trillion a day loans they're using to keep the repo market liquid.

Is there a handy chart that keeps track of this?

[seanD]

Is there a handy chart that keeps track of this?

No charts or graphs, just the raw data.

[seanD]

Federal Reserve holdings.

US treasuries (federal bonds): About $650 billion increase since the first of this year.




Total assets (federal bonds, state bonds, corporate bonds -- i.e. derivatives): About 1$ trillion increase since the first of this year.



Don't confuse the latter with a trillion a day loans they're using to keep the repo market liquid. The chart represents regular QE (to infinity). My guess is they will easily hit $10 TRILLION total assets by the years end, and the graph will look like a reverse L.

To put perspective on that, their balance sheet of total assets was less than ONE MILLION in 2008.

That's actually under ONE TRILLION, my bad