Creating Wealth Real Estate Investing with Jason Hartman cover image

1979: Police State, Digitizing The Dollar, SEC Attacks Crypto, Bank Bailouts, Clive Thompson

Creating Wealth Real Estate Investing with Jason Hartman

00:00

The Federal Reserve's Recapitalization of the Federal Reserve

The balance sheet of the Federal Reserve is several hundred times the size of its reserves and capital. That's a very, very leveraged position. We've got the U.S. government not allowed to borrow anymore until they raise the debt ceiling. Meanwhile, the Fed is losing money, hand over fist due to the fact they're now paying market rates of interest to their depositors.

Play episode from 28:24
Transcript

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