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The Fed's Loss Is Your Loss!
Published 1 year, 5 months ago
Description
The Federal Reserve is losing billions of dollars every month. And do you know whose problem that is?
Yours.
In this episode of the Money Metals' Midweek Memo, host Mike Maharrey explains why the Fed is losing money, why it matters, and why you -- the American taxpayer -- are on the hook for the bill.
He also covers the recent correction in gold and silver prices and explains why it was a bit of an overreaction.