Wealthion - Be Financially Resilient cover image

Bill Fleckenstein: The Bond Market Is Taking Away The Fed's Printing Press

Wealthion - Be Financially Resilient

00:00

The Fed's Balance Sheet Problem

The Fed is quote insolvent to the tune of 44.2 billion and you can see here it's unrealized losses just basically plunge in the past. It might cause the average person or the average policy maker to think twice about what does it mean the central banks now they're broke. As we've seen when you lose a little confidence you can have a run on a bank which is traversed with the Fed so it's possible that we could get to a point where people don't have as much confidence in the dollar or the US government  These are very subjective variables but as we saw in the banking system once you start to lose confidence it's hard to get it back and it

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app