“Excess Bank Reserves, Fed Balance Sheet Assets Skyrocket To Record High Levels”

http://www.zerohedge.com/article/excess-bank-reserves-fed-balance-sheet-assets-skyrocket-record-high-levels

It says they can’t spend the cash they made from TARP and cheap lending…but they did stockpile a bunch of it…(sorry to dash your fantasies PPT Nutters)

The reason they cant spend any of it, is because that would reduce the money supply ..thereby increasing the value of the dollar and value of our debt.

This is going to cause a liquidity crisis again SOON while the GOV sits on a mountain of cash it can’t spend….

Therefore, the Gov will be forcing more foreclosures and auction off more property for addition funds while values are artificially inflated with M2Fantasy and the dollar value is low.

Related Posts:

• A Must-Read: We are now on the cusp of a very serious money supply deflation.
• Fed should start to charge the bank reserves to push serious lending.
• Gold is not merely at an all time high;
• CIT bailout is just putting your finger in the dam.
• It’s Going To Implode: Buy Physical Gold - NOW

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