close of all hedges, page-32

ssimpson.... Don't talk to me like an idiot pal. It is known fact that Fed has 1.8 trillion parked in their reserves from banks (http://theeconomiccollapseblog.com/...d-1-8-trillion-dollars-to-the-american-people).

Not a conspiracy but a fact.

If that money isn't exercised its lost through inflation.

Not a conspiracy but a fact.

If you want to believe Blackrock has made its trillions by investing in Italian bonds that's fine with me. I am saying they are a more likely a proxy for the Fed. Swapping 1.8 trillion of soon to be worthless junk for assets that will grow in future.Nothing More.