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Economy See other Economy Articles Title: Why the Fed Is Bankrupt and Why That Means More Inflation
Source:
Ludwig Von Mises Institute
URL Source: https://mises.org/wire/why-fed-bankrupt-and-why-means-more-inflation
Published: Jan 17, 2023
Author: Ryan McMaken
Post Date: 2023-01-17 23:11:34 by Charles_Byrd
Keywords: None Views: 59
In 2011, the Federal Reserve invented new accounting methods for itself so that it could never legally go bankrupt. As explained by Robert Murphy, the Federal Reserve redefined its losses so as to ensure its balance sheet never shows insolvency. Click for Full Text! Post Comment Private Reply Ignore Thread
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