How Is the Fed Insolvent and Why Should We Care?

30/09/2023 49 min
How Is the Fed Insolvent and Why Should We Care?

Listen "How Is the Fed Insolvent and Why Should We Care?"

Episode Synopsis

Alex Pollock has decades of experience in financial markets, including a position as President of the Federal Home Loan Bank of Chicago. He explains to Bob the mechanics of the Fed's current insolvency and its implications for ordinary Americans.