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Economists and pundits mistakenly call the Federal Reserve System’s security holdings a portfolio. It is anything but. Original Article: “The Fed’s Portfolio Is Nonexistent: The Fed Does Not Invest. It Destroys Investments” This Audio Mises Wire is generously sponsored by Christopher Condon.
Economists and pundits mistakenly call the Federal Reserve System’s security holdings a portfolio. It is anything but.
Original Article: “The Fed’s Portfolio Is Nonexistent: The Fed Does Not Invest. It Destroys Investments”
This Audio Mises Wire is generously sponsored by Christopher Condon.
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