The Federal Reserve Is Running Losses. Does This Cost Anyone Anything?

11/27/2023 Jane L. Johnson

The new problem we now face arises from the fact that huge deficits are only manageable so long as interest rates remain very, very low.

Original Article: The Federal Reserve is Running Losses. Does This Cost Anyone Anything?

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member