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To: F15Eagle
The Federal Reserve is not, essentially, an organization of private bankers?

Nope. It's the government.

If they’re printing money, are they not putting that against something on some sort of balance sheet?

The money they create is their liability, their asset is the bond (Treasury or MBS) they buy.

I guess one could say the loans are assets, and the printing of the money are the liabilities

During the crisis they made lots of loans, not now. Just bond purchases.

49 posted on 05/13/2013 7:16:01 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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