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Fed printing offset by hidden bank balance sheet defaults

Submitted by TacticalZen on 11/01/2013 00:43 -0500



 
I recently read a comment that the reason we do not have screaming hyper inflation is because there is an approximate equal amount of default of mortgages and MBS on banks' balance sheets, which is very hidden since mark-to-market was suspended. I would love to see more on this subject. Thanks.
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