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All the major central banks are now busy using their own assets to support their respective banking systems. However, which one has the most resources?No surprises here; by some distance, it is the ECB. In fact, in terms of assets, it is over twice as big as the Fed, and over ten times bigger than our dear old Bank of England….
Original Source: bp1.blogger.com
4 May, 2008| housingblogs |
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