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, December 11, 2008
Fed foreign currency position increases by $85.5 billion in the latest week
Another very large increase. Part of this gain could be due to mark-to-market forex adjustment of its currency holdings, however, most of it is probably new swap lines.
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