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The Fed's 'out of control' Balance Sheet is a Major Threat

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:

https://www.cnbc.com/2017/09/21/feds-out-of-control-balance-sheet-threatens-economy-bove-commentary.html

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