2min chapter

Swan Signal Live - A Bitcoin Show cover image

Dylan LeClair & Joe Consorti | Bank Runs, Bitcoin, and Self-Custody | Swan Signal E100

Swan Signal Live - A Bitcoin Show

CHAPTER

Is the Fed Getting Away With It?

The Fed facility, it's going to exchange all this underwater bonds. All those losses are now on the Fed's balance sheet. So the taxpayer will pay for it ultimately. But they're saying, hey, this isn't the global financial crisis. We're not bailing out equity holders. These are depositors. The same thing, it always goes back to the taxpayer. And it's not right, in my opinion.

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