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Treasuries are liabilities when the government issues them and assets when the Fed holds them. One person's liability is another person's asset.
by hidenotslide 9y ago
Treasuries are liabilities when the government issues them and assets when the Fed holds them. One person's liability is another person's asset.
- FabHK 9y agoRight, and the graph was about the assets of "the US government", not about the Fed.