Post
Topic
Board Economics
Re: Who owns and controls the Federal Reserve?
by
Bit_Happy
on 29/03/2014, 01:01:07 UTC
It's also insolvent, leveraged at 80:1, i.e. an ~1% move downwards in the value of the shitty collateral they're holding (think mortgage backed securities) makes them bankrupt. If anyone ever told the truth, of course.

It could be 200 to 1  leverage.
Since there has been no audit, how would we know for sure?