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Thanks To QE Bernanke Has Injected Foreign Banks With Over $1 Trillion In Cash For First Time Ever

Thanks To QE Bernanke Has Injected Foreign Banks With Over $1 Trillion In Cash Fo...

by tommyg - POTL- PWCM-JLA

Two years ago, Zero Hedge first made the observation that the bulk of Fed reserves (also known simply as " cash created out of thin air " because money is first and foremost fungible no matter what textbook theoreticians may claim, and the ...

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