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The Fed’s Portfolio Is Nonexistent: The Fed Does Not Invest. It Destroys Investments

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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