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.
Why the Fed Is Bankrupt and Why That Means More Inflation
| Source: | Ludwig Von Mises Institute |
| Published: | Jan 17, 2023 |
| Author: | Ryan McMaken |
| Post Date: | 2023-01-17 23:11:34 by Charles_Byrd |
| Views: | 223 |