Did The Fed Really Give $7.77 Trillion In Secret Loans To Banks?

December 9, 2011 2:21 am

We spotted this today:

“The source for the $7.77 trillion figure turns out to be this Bloomberg article from March 31, 2009. At the end of that second article is a table that breaks down what it calls the “limit” on various categories of Federal Reserve lending.”

Statistics Source: EconBrowser

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