ALERTS & Commentary BLOG

Fed’s balance sheet $4 trillion and growing

This week the Federal Reserve announced their meager QE3 taper of $10 billion per month and no change to the discount rate.  No surprise if you’ve been reading my articles. Their balance sheet is over $4 trillion and growing at least $75 billion per month.  Not to worry.  The money was created out of thin air, just a journal entry. … Read more →