Mises Institutee

“Lots of Red Ink at the Fed” by Alex Pollock

Alex Pollock, who has devoted much of his lifetime to studying the financial world, has written two new articles about highly questionable monetary policy actions taken by the Federal Reserve in coordination with the US Treasury’s TARP bailout programs in the 2008-2010 period and again in and following the COVID-19 crisis. I encourage you to read the articles, which help explain why the US government is so deeply in debt and inflation has been so out of control, causing terrible pain to families and small business.

  1. Lots of Red Ink at the Fed,” Mises Wire
  2. Will the Fed Ever Relinquish Its New Powers?: The Fed’s ‘Cincinnatian Problem’,” The Austrian