"It's Gonna Be You" - FTV - 2009 MAY 11

in #federalreserve • 7 years ago

Video about the federal reserve and "toxic assets." At the time, banks were being re-capitalized to they could "pay down" all those "toxic assets." Surprise, though: None were paid down. We now know that the federal reserve sopped it all up with "quantitave easing," - which leaves about $5 Trillion in "toxic assets" on their balance sheets to this day.

#toxicassets #donharrold
7 years ago in #federalreserve by
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