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Fed swap lines at $605 billion

Posted on January 12, 2009 @ 8:35 am (Monday) by WARREN MOSLER


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Down some after year end, but still over $600 billion.

The falling euro could be indicating USD shorts are attempting to cover.

Prolonged low crude prices continue to starve the rest of world of ‘easy dollars’.

Other Federal Reserve assets are $605.725B – $20.016B.


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