This topic focuses on issues related to the U.S. Federal Reserve (The FED), its monetary policy action and its impact on the U.S. economy.
Monetary Policy (The FED)
The FED’s Shell Game? Profitable or Insolvent?
The Federal Reserve announced that they had an estimated record 2010 net income of $80.9 Billion, so much money they are just handing it over to the Federal Government. The FED however has potentially serious balance sheet issues; so series that the FED is changing the way it does accounting so it can take on losses and not show that it is broke (read more)…