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The Fed Is Overindebted, Isn’t It?

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Tags: Economic Policy, The Fed, Money and Banks, Strategy, U.S. Economy
Mises Daily Thorsten Polleit
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By any conventional measures of finance, the Federal Reserve has negative equity. In the long run, cooking the books only puts off the day of reckoning.

Original Article: "The Fed Is Overindebted, Isn’t It?"

 

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