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That $150 trillion - is that book value, or fair value?
by vetinari 11y ago
That $150 trillion - is that book value, or fair value?
- forgetsusername 11y agoI assume it's a combination of both; I very much doubt that all ~$250 TRILLION in assets are being marked-to-market. And, being as how both assets and liabilities will use the same accounting measure, I don't think it matters.