“Hence the problem with rising interest rates and bond yields: on a mark-to-market basis major central banks are insolvent with balance sheet liabilities now exceeding their assets.”

“A way must be found to beef up the equity in central banks.”

#Leestip
https://www.goldmoney.com/research/goldmoney-insights/central-banks-are-now-insolvent

🐦🔗: https://nitter.eu/SanderLoones/status/1530817496260952064