bobbyw24
Banned
- Joined
- Sep 10, 2007
- Messages
- 14,097
The Fed can't really go broke of course, not with the power of printing press, but this balance sheet is unlike any other before in the ignominious history of global central banking.
Could the U.S. central bank go broke?
Source - Reuters
(Reuters) - The U.S. Federal Reserve's journey to the outer limits of monetary policy is raising concerns about how hard it will be to withdraw trillions of dollars in stimulus from the banking system when the time is right.
While that day seems distant now, some economists and market analysts have even begun pondering the unthinkable: could the vaunted Fed, the world's most powerful central bank, become insolvent?
Almost by definition, the answer is no.
http://dailybail.com/home/could-the-federal-reserve-go-broke-bernanke-grilled-by-senat.html
Could the U.S. central bank go broke?
Source - Reuters
(Reuters) - The U.S. Federal Reserve's journey to the outer limits of monetary policy is raising concerns about how hard it will be to withdraw trillions of dollars in stimulus from the banking system when the time is right.
While that day seems distant now, some economists and market analysts have even begun pondering the unthinkable: could the vaunted Fed, the world's most powerful central bank, become insolvent?
Almost by definition, the answer is no.
http://dailybail.com/home/could-the-federal-reserve-go-broke-bernanke-grilled-by-senat.html