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What Backs the Buck?
What Backs the Buck?
JP Koning, who did the, The Visual History of the Federal Reserve , has a new chart out: >
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Monday links: hoarding cash
Abnormal Returns — ... A neat chart that depicts the changes to the Federal Reserve’s balance sheet over time.  (Big Picture) ...

Further reading
FT Alphaville — Elsewhere on Tuesday, - The periodic table of finance bloggers . - Contingent capital ’s not cheap. - “If you have been wondering whether a statistical recovery is at hand…” - “ Cheap shots ” from Nobel Prize-winning economists. - The easy money ’s been made. - What backs the buck : the graphic. - The cruel math of big losses. - What rebalancing of Chinese and American consumption? - Too big to fail in Asia. - Distressed CRE : then and now. - No Christmas parties this year. - Further, ...

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