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Little known Exchange Stabilization Fund is an opaque black ops ‘slush fund’ maintained by the US Treasury. As of September 2020, the ESF black ops account held $682Bn USD. This video is from the now-defunct ‘Market Skeptics’ website.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
Well some where along the line we lost around
USD 22 trillion or so…
Who knows where that went…