Peter's Blog

What Taper? Fed Adds $126 Billion to Balance Sheet in November

The Fed added $82 billion in Mortgage-Backed Securities (MBS) and $65 billion in Treasuries to its balance sheet while allowing $22 billion in repo agreements to roll off the balance sheet. The net gain was $126 billion in the month that the “taper” was set to begin.

Total US Debt Shrinks by $101 Billion into Debt Ceiling Saga

“Just because something is inevitable, does not make it imminent, but eventually the future arrives” The US Government is on an unsustainable debt trajectory. Even though the Federal Reserve has acknowledged this fact, most mainstream pundits consider it a distant problem or even not an issue at all. They argue that debt fears have raged […]