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banking (3)

Great read on current issues involving the Fed and its $4.6 trillion balance sheet.

Dick Bove, an equity research analyst at the Vertical Group, explains the problem with the Fed and how the Fed would be insolvent if it were judged as a private financial institution. Read more below:…

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You’re boring. Get used to it.

Bank owners seem to be running a system more like that of a casino than a bank.  The money being generated from the banking system would blow your mind.   With such high profits, these financial institutions are being regulated and investigated more than ever.  -AL…

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