The Pronk Pops Show 202, January 31, 2014, Story 3: Bernanke Leaves Fed With $4.1 Trillion Balance Bought To Finance Deficit Spending of U.S. Government — Videos

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The Pronk Pops Show Podcasts

Pronk Pops Show 202: January 31, 2014 

Pronk Pops Show 201: January 30, 2014 

Pronk Pops Show 200: January 29, 2014

Pronk Pops Show 199: January 28, 2014

Pronk Pops Show 198: January 27, 2014

Pronk Pops Show 197: January 24, 2014

Pronk Pops Show 196: January 22, 2014

Pronk Pops Show 195: January 21, 2014

Pronk Pops Show 194: January 17, 2014

Pronk Pops Show 193: January 16, 2014

Pronk Pops Show 192: January 14, 2014

Pronk Pops Show 191: January 13, 2014

Pronk Pops Show 190: January 10, 2014

Pronk Pops Show 189: January 9, 2014

Pronk Pops Show 188: January 8, 2014

Pronk Pops Show 187: January 7, 2014

Pronk Pops Show 186: January 6, 2014

Pronk Pops Show 185: January 3, 2014

Pronk Pops Show 184: December 19, 2013

Pronk Pops Show 183: December 17, 2013

Pronk Pops Show 182: December 16, 2013

Pronk Pops Show 181: December 13, 2013

Pronk Pops Show 180: December 12, 2013

Pronk Pops Show 179: December 11, 2013

Pronk Pops Show 178: December 5, 2013

Pronk Pops Show 177: December 2, 2013

Pronk Pops Show 176: November 27, 2013

Pronk Pops Show 175: November 26, 2013

Pronk Pops Show 174: November 25, 2013

Pronk Pops Show 173: November 22, 2013

Pronk Pops Show 172: November 21, 2013

Pronk Pops Show 171: November 20, 2013

Pronk Pops Show 170: November 19, 2013

Pronk Pops Show 169: November 18, 2013

Pronk Pops Show 168: November 15, 2013

Pronk Pops Show 167: November 14, 2013

Pronk Pops Show 166: November 13, 2013

Pronk Pops Show 165: November 12, 2013

Pronk Pops Show 164: November 11, 2013

Pronk Pops Show 163: November 8, 2013

Pronk Pops Show 162: November 7, 2013

Pronk Pops Show 161: November 4, 2013

Pronk Pops Show 160: November 1, 2013

Pronk Pops Show 159: October 31, 2013

Pronk Pops Show 158: October 30, 2013

Pronk Pops Show 157: October 28, 2013

Pronk Pops Show 156: October 25, 2013

Pronk Pops Show 155: October 24, 2013

Pronk Pops Show 154: October 23, 2013

Pronk Pops Show 153: October 21, 2013

Pronk Pops Show 152: October 18, 2013

Pronk Pops Show 151: October 17, 2013

Pronk Pops Show 150: October 16, 2013

Pronk Pops Show 149: October 14, 2013

Pronk Pops Show 148: October 11, 2013

Pronk Pops Show 147: October 10, 2013

Pronk Pops Show 146: October 9, 2013

Pronk Pops Show 145: October 8, 2013

Pronk Pops Show 144: October 7, 2013

Pronk Pops Show 143: October 4 2013

Pronk Pops Show 142: October 3, 2013

Pronk Pops Show 141: October 2, 2013

The Pronk Pops Show Podcasts Portfolio

Listen To Pronk Pops Podcast or Download Show 202

Listen To Pronk Pops Podcast or Download Show 194-201

Listen To Pronk Pops Podcast or Download Show 184-193

Listen To Pronk Pops Podcast or Download Show 174-183

Listen To Pronk Pops Podcast or Download Show 165-173

Listen To Pronk Pops Podcast or Download Show 158-164

Listen To Pronk Pops Podcast or Download Show 151-157

Listen To Pronk Pops Podcast or Download Show 143-150

Listen To Pronk Pops Podcast or Download Show 135-142

Listen To Pronk Pops Podcast or Download Show 131-134

Listen To Pronk Pops Podcast or Download Show 124-130

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Listen To Pronk Pops Podcast or Download Shows 118-120

Listen To Pronk Pops Podcast or Download Shows 113 -117

Listen To Pronk Pops Podcast or Download Show 112

Listen To Pronk Pops Podcast or Download Shows 108-111

Listen To Pronk Pops Podcast or Download Shows 106-108

Listen To Pronk Pops Podcast or Download Shows 104-105

Listen To Pronk Pops Podcast or Download Shows 101-103

Listen To Pronk Pops Podcast or Download Shows 98-100

Listen To Pronk Pops Podcast or Download Shows 94-97

Listen To Pronk Pops Podcast or Download Shows 93

Listen To Pronk Pops Podcast or Download Shows 92

Listen To Pronk Pops Podcast or Download Shows 91

Listen To Pronk Pops Podcast or Download Shows 88-90

Listen To Pronk Pops Podcast or Download Shows 84-87

Listen To Pronk Pops Podcast or Download Shows 79-83

Listen To Pronk Pops Podcast or Download Shows 74-78

Listen To Pronk Pops Podcast or Download Shows 71-73

Listen To Pronk Pops Podcast or Download Shows 68-70

Listen To Pronk Pops Podcast or Download Shows 65-67

Listen To Pronk Pops Podcast or Download Shows 62-64

Listen To Pronk Pops Podcast or Download Shows 58-61

Listen To Pronk Pops Podcast or Download Shows 55-57

Listen To Pronk Pops Podcast or Download Shows 52-54

Listen To Pronk Pops Podcast or Download Shows 49-51

Listen To Pronk Pops Podcast or Download Shows 45-48

Listen To Pronk Pops Podcast or Download Shows 41-44

Listen To Pronk Pops Podcast or Download Shows 38-40

Listen To Pronk Pops Podcast or Download Shows 34-37

Listen To Pronk Pops Podcast or Download Shows 30-33

Listen To Pronk Pops Podcast or Download Shows 27-29

Listen To Pronk Pops Podcast or Download Shows 17-26

Listen To Pronk Pops Podcast or Download Shows 16-22

Listen To Pronk Pops Podcast or Download Shows 10-15

Listen To Pronk Pops Podcast or Download Shows 01-09

Story 3: Bernanke Leaves Fed With $4.1 Trillion Balance Bought To Finance Deficit Spending of U.S. Government — Videos

Assessing the Ben Bernanke Legacy

Grading Ben Bernanke’s time at the Fed

Fed chair nominee Janet Yellin grilled on QE

Janet Yellen ‘Will Be a Disaster for the Economy’ – US Financial Calamity! – Rand Paul

Fed keeps cutting stimulus at Bernanke’s last meeting – economy

MUST WATCH: Bernanke’s True Legacy “Helicopter Ben” – Elaine Diane Taylor

ECONOMIC COLLAPSE 2013 – Ben Bernanke Federal Reserve

Gold Silver Manipulation, Bitcoin – Economic Crisis 2013 – New World –

Bernanke Leaves Fed with Record Balance Sheet of $4,102,138,000,000

FED ASSETS-chart

Retiring Federal Reserve Chairman Ben Bernanke, who was replaced by Janet Yellen as of today, is leaving the Federal Reserve with an unprecedented $4,102,138,000,000 in total assets on its balance sheet, up 391 percent from the $834,663,000,000 in total assets the Fed showed on its balance sheet when Bernanke took over as chairman in February 2006.

Much of the increase in the Fed’s assets has come in the form of U.S. Treasury securities and Freddie Mac and Fannie Mae mortgage-backed securities that the Fed purchased over the last five years in its attempts to stimulate the economy.

As of Feb. 1, 2006, when Bernanke took over as chairman, the Fed’s balance sheet indicated it owned  $748,840,000,000 in U.S. Treasury securities. At that time, the balance sheet listed no mortgage-backed securities. As of Jan. 29, 2013, the balance sheet indicated the Fed owned $2,243,176,000,000 in U.S. Treasury securities and $1,532,224,000,000 in mortgage-backed securities

The Fed announced its first round of quantitative easing on March 18, 2009. “The Fed judged that the economy, which remained in a recession at that point, still needed this stimulus,” said a report—“Federal Reserve:Unconventional Monetary Policy Options”—published by the Congressional Research Service in 2013

“On March 18, 2009, the Fed announced a commitment to purchase $300 billion of Treasury securities, $200 billion of agency debt, and $1.25 trillion of agency mortgage-backed securities in 2009,” said CRS. “In September 2009, the Fed announced that it would complete those purchases by the first quarter of 2010. In November 2009, it announced that it would purchase only $175 billion of agency debt due to the limited availability of those securities.”

“Dissatisfied with the slow pace of the economic expansion, the Fed announced on November 3, 2010, that it would further increase the size of its balance sheet by purchasing an additional $600 billion of Treasury securities at a pace of about $75 billion per month, a process which was completed by the end of June 2011,” said CRS. “This announcement was popularly referred to as QEII. During and after QEII, the Fed announced it would continue the practice of replacing maturing securities with Treasury security purchases.”

“On September 13, 2012, the Fed announced concern that ‘without further policy accommodation, economic growth might not be strong enough to generate sustained improvement in labor market conditions….. (and) inflation over the medium term likely would run at or below its 2 percent objective,’” said CRS. “For those reasons, it announced that it would restart large-scale asset purchases, pledging to purchase $40 billion of agency MBS per month (popularly referred to as ‘QEIII’). Unlike the previous two rounds of asset purchases, the Fed specified no planned end date to its purchases, instead pledging to continue purchases until labor markets improved substantially, in a context of price stability.”

“On December 12, 2012, the Fed announced that as a result of the termination of the Maturity Extension Program, it would continue to buy $45 billion of long-term Treasury securities per month, the same rate as was purchased under the Maturity Extension Program,” said CRS. “Unlike that program, the Fed would no longer finance the purchase of those securities through the sale of short-term securities. Instead, purchases would be financed by expanding the balance sheet, meaning that these purchases can now be considered ‘quantitative easing.’ Combined with the $40 billion of MBS purchases, these monthly purchases ($85 billion) were modestly larger than QEII.”

In December 2013, the Fed announced that in January it would scale back its net purchases of securities, buying $35 billion in mortgage-backed securities instead of $40 billion and $40 billion in Treasury securities instead of $45 billion. This week, the Fed announced it was scaling back further and that in February it would purchase $30 billion mortgage-backed securities and $35 billion Treasury securities.

That combined $65 billion will be added to the Fed’s balance sheet in the first month of Chairman Yellen’s term.

– See more at: http://www.cnsnews.com/news/article/ali-meyer/bernanke-leaves-fed-record-balance-sheet-4102138000000#sthash.VcyrxiWG.dpuf

– See more at: http://www.cnsnews.com/news/article/ali-meyer/bernanke-leaves-fed-record-balance-sheet-4102138000000#sthash.VcyrxiWG.dpuf

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