"At $4 trillion, and roughly only $55 billion in equity, the Fed is leveraged about 77-to-1. They define the word "leverage - Ziad Abdelnour

"At $4 trillion, and roughly only $55 billion in equity, the Fed is leveraged about 77-to-1. They define the word "leverage

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Alternative Names: Ziad K Abdelnour

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Additional quotes by Ziad Abdelnour

I strongly believe that the best economic policy
for any administration is the one that seeks to produce more entrepreneurs,
not just more minimally educated college graduates with
nowhere to go. Nothing against recent college graduates, but many
of today’s best universities are no longer providing the basics of a
classical liberal education.

That is why the single most important economic issue of our
time — and one that impacts the poor and middle class alike — will be
how we treat the entrepreneurs and wealth creators among us, from
both the government and the private-sector viewpoints.

I strongly support liquidating the corporation that is the Federal
Reserve and returning to a monetary system based on a marketproduced
precious metal, like gold, which is represented by a currency
printed and managed by the U.S. Treasury Department as stipulated
by our Constitution. The assets currently owned by the Fed should
be liquidated and parceled out on a pro-rata basis to its creditors. All we need is the will.

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