Who Benefits From the Fed?

http://economicrisis.com/who-benefits-from-the-fed/1843

Who Benefits From the Fed?

We recently looked at the Federal Reserve’s 2012 results. In particular, we pointed to some positive and negative developments. On a positive note, the Fed managed to shrink down the size of its balance sheet by approximately one-third of a percent. (Hey, it’s a start.) On a negative note, this decrease occurred because banks shifted their holdings of reserves into cash
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