Recession Rears Uglier Head Than Inflation – Ep 821
The Peter Schiff Show Podcast
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Can the Fed Realize 500 Billion Dollar Losses?
The fed is forced to sell securities into the market as a result of its quantitative tightening programme. One senator pointed out that he thought the losses, i think, in the m b s portfolio, may be about 500 billion dollars were the fed to realize them. And pawll's answer was, he couldn't care less about those losses. He said, no, it doesn't bother us at all. We're not worried about losing 500 billion dollars. No big deal. Nothing's going to get in the way of us pursuing our policy. That is racism. I think minimum You're looking at one to two trillion dollars of losses. If you were to shrink that balance sheet down to his
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