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From a Reuter’s article titled Could the U.S. central bank go broke? Varadarajan Chari, an economics professor at the University of Minnesota and a consultant to the Minneapolis Fed, says that at some point during its exit from easy monetary policies, the Fed actually may go broke — at least on paper. “The most obvious [...] Coming from a kid that’s going to go far: http://www.facebook.com/photo.php?fbid=173898262620470&set=a.132997273377236.23707.100000008936139 The comments run long so you’ll have to click the -more- link to read them all Let’s look back a couple of hundred years and see what they said then. |
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