Roughly two months ago, when we compared the loan data released by America's largest, TBTF banks, and what the Fed's own commercial bank data revealed in its weekly H.8 statement, we asked a simple question: "Is The Fed Fabricating Loan Creation Data? [9]" Visually, the discrepancy was shown as follows:
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1 comment:
The banks line up for bailout money every Friday night and hoard it for their own use,no loans to anyone.
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