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Federal Reserve

There's No Easy Way Out Of This Debt Spiral

There's No Easy Way Out Of This Debt Spiral

By Ryan McMaken, The Mises Institute | November 7, 2023 We're about six weeks into fiscal year 2024, but if this year looks anything like last year, we can assume the federal government will continue to pile up debt at astonishing rates.  According to the September Monthly Treasury report,

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The Fed Has No Plan, And Is Just Hoping For The Best

The Fed Has No Plan, And Is Just Hoping For The Best

By Ryan McMaken, The Mises Institute | November 9, 2023 The Federal Reserve’s Federal Open Market Committee (FOMC) last week left the target policy interest rate (the federal funds rate) unchanged at 5.5 percent. This "pause" in the target rate suggests the FOMC believes it has raised

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The Fed Is Overindebted, Isn’t It?

The Fed Is Overindebted, Isn’t It?

By Thorsten Polleit for the Mises Institute | May 08, 2023 Behind closed doors, the report is already making the rounds in expert circles: if you follow the rules of sound commercial accounting, the United States Federal Reserve (Fed) has lost its equity and is, as common language would have it,

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