An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Thursday, November 20, 2008
Fed's forex swaps decline by $8.6 billion in the latest week
Total outstanding value of foreign currency on the Fed's balance sheet as of November 20th is $606.4 billion. That is down $8.6 billion from the previous week.
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