This thread is guaranteed to be entertaining. I already noticed this gem from the article:
“This reality has become important in the past year because, for the first time in a century, the Federal Reserve is losing money.”
This Ryan McMaken really knows his subject... or not.
Lol, indeed. The one good thing that can be said about the current Fed is that Powell recently resisted calls from leftist pressure groups to add a climate element to the Fed’s purview. This is an exceedingly rare instance of a powerful person/institution refusing more power. With little else these days, something to be pleasantly surprised by.