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

Tags: Business Cycles, Booms and Busts, The Fed

02/18/2023 William L. Anderson

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”

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