3 Days Old but I missed It?
I THOUGHT FED HAS UNLIMITED PRINTING POWER, NOT JUST $889 BILLION BALANCE SHEET..?
Any thoughts?
"We will have an expansion of the safety net without adequate incentives to contain it.''
Started by
iloli way
, May 06 2008 12:10 AM
2 replies to this topic
#1
iloli way
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iloli = I'm Laws Of Line's I(eye)
Posted 06 May 2008 - 12:10 AM
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
#2
dcengr
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Posted 06 May 2008 - 12:20 AM
If the fed had nearly a trillion dollars in assets, why are we more than a trillion dollars in debt?
Hmm I just had a thought.. the Fed should raise money by selling off some of the Federal land.. they got craploads, and even I would be willing to buy grazing land. Then they can even get property taxes!
Qui custodiet ipsos custodes?
#3
VolPivots
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Posted 06 May 2008 - 12:47 AM
If the fed had nearly a trillion dollars in assets, why are we more than a trillion dollars in debt?
Assets = Liabilities + Shareholder's Equity
example: $1T in Assets = $10T in Liabilities + ($9T) in SE
Liabilities
Shareholder's Equity
http://stockcharts.com/c-sc/sc?s=$USD&p=M&st=2002-01-01&i=t74118298744&r=2595.png
