Is the Fed Balance Sheet Going to Affect the Taxpayer?

"I think that this huge rise in the Fed balance sheet in one week, I think it's blown way, way out of proportion," he said. "The taxpayer has like 20 problems. They're bigger than this." The increase in rates affecting the cumulative debt of the government is the biggest effect on the taxpayer,. He added: "If the FDIC completely runs out of money and the FDIC needs to be bailed out now the treasury will ultimately have to pay"

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