![]() The Fed has resorted to new extremes in this financial crisis by selling off and lending its good assets, U.S. Treasuries, in exchange for toxic waste. The result: the Federal Reserve's balance sheet has been completely restructured -- including innovative off-balance-sheet hocus-pocus -- and looks like it’s headed for exhaustion. As the government’s primary tool for stabilizing the U.S. banking system, the Fed is now in dire need of a new source of lending to bail out other troubled banks. But can they rescue them all? In this tumultuous environment, monitoring the status of your personal wealth and the institutions that hold it is crucial. The October issue of The Casey Report features the best steps you can take to ensure your bank deposits are protected, along with in-depth analysis of all the recent measures taken by the federal government and its implications on your financial future. To find out how you can see the latest edition of The Casey Report at a Special Discount price, click here.
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