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POSTED ON March 27, 2023  - POSTED IN Original Analysis

In the week before it raised interest rates another 25 basis points to fight inflation, the Federal Reserve added more than $94 billion to its balance sheet. This was on top of the nearly $300 billion it piled onto the balance sheet in the first week of its bank bailout.

The balance sheet reveals that Fed has loaned banks nearly $400 billion in money created out of thin air in just two weeks.

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