The Fed's Plan for US Government Debt Default
Everyone thinks it is a certainty that congress figures out a solution to the debt ceiling issue before emergency funds run out in October. Everyone, it seems, but the Fed. In fact, the Fed has a plan to deal with the fallout should the US Government start to default on its obligations. And this plan takes the Federal Reserve well outside of its legal boundaries.
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#debtceiling #endthefed #brrrr
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