They’re starting to say the quiet parts out loud…

America’s banks are missing hundreds of billions of dollars:

How the Federal Reserve drained the financial system of deposits

https://www.economist.com/finance-and-economics/2023/03/21/americas-banks-are-missing-hundreds-of-billions-of-dollars

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Seems like a low estimate really. I’d wager that hole is measured in trillions.

Kind of surprising for the EconoMISSED.

Broken clocks and all.

Yeah, that publication has really gone downhill. Sad to see, really.