Excerpt:
The US Federal Reserve's balance sheet has expanded almost US$225 billion over the past 16 weeks. International (global central bank) "reserve assets" have jumped $1.5 trillion in 12 months. In just two years, "reserve assets" have ballooned an incredible $2.6 trillion, or about 40%, to $9.3 trillion (reserves were about $3.0 trillion to begin 2004).There's been nothing comparable to this in the history of central banking - in the history of "money".
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