The Fed is losing money. Now you might say, how can the Fed lose money? Isn’t the Fed the very definition of money? Can’t they just print more? Well I guess sure they can. But printing money only works as long as confidence remains in the currency. It works until it doesn’t. When it doesn’t, then it’s incredibly difficult to restore that confidence.
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Host: Victor Menasce
email: podcast@victorjm.com
