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The Fed Is Insolvent, and That’s a Bad Thing

On this first episode of the Fed Watch Podcast, Ryan McMaken and Senior Fellow Alex Pollock talk about how the Federal Reserve has negative cash flow. The Fed will print money to "solve" the problem.

Be sure to follow the Fed Watch Podcast at

Recommended Reading

"The Fed’s Capital Goes Negative" by Alex J. Pollock:

"Who Owns Federal Reserve Losses and How Will They Impact Monetary Policy?" by Alex J. Pollock and Paul H. Kupiec:

"Why the Fed Is Bankrupt and Why That Means More Inflation" by Ryan McMaken:

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