Doq Holliday
@doqholliday
27 June, 12:52
Who holds all the United States gold? Federal Reserve or the Treasury?
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Doq Holliday
@doqholliday
27 June, 12:54
In response Doq Holliday to his Publication
The Fed's assets include Treasuries and mortgage-backed securities purchased under large scale asset purchase programs (LSAPs). Fed liabilities include U.S. currency in circulation and the reserves deposited by commercial banks.
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Rising interest rates, horrendous employment market, rampant unconstrained inflation. Fed balance sheet will explode.
04:17 PM - Jun 27, 2022
In response Doq Holliday to his Publication
Only people mentioned by Positively_Negative in this post can reply
27 June, 04:20
In response Positively Negative to his Publication
Treasury should be keeper of the Gold. Federal Reserve manages so called money supply.
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