The Undollar Digest

(Increasingly Unwieldy) Monetary Disorder

Doug Noland, www.prudentbear.com, 02/25/2011
The Federal Reserve’s balance sheet has expanded almost $225bn over the past 16 weeks.  International (global central bank) “reserve assets” have jumped $1.5 TN in 12 months.  In just two years, “reserve assets” have ballooned an incredible $2.6 TN, or about 40%, to $9.3 TN (reserves were about $3.0 TN to begin [...]


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