Why the Fed could lose $1.5 trillion
The Fed is on the hook for an estimated one-and-a-half trillion dollars. Despite the recent headlines, that's not because of building renovations. It's a much larger cost blowout caused by big actions taken during the pandemic to help the economy: quantitative easing.
Today on the show, we talk to both a critic of these actions and someone who helped put those those actions in play.
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Today on the show, we talk to both a critic of these actions and someone who helped put those those actions in play.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
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The Indicator from Planet Money — Why the Fed could lose $1.5 trillion