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

Milton Friedman answered this question back in 1977.

There's No Such Thing As a Free Lunch
https://www.amazon.com/Theres-Such-Thing-Free-Lunch/dp/087548297X

3 posted on 11/28/2023 6:48:36 PM PST by Right_Wing_Madman
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To: Right_Wing_Madman

Excellent Mr.Smithers...
All according to Plan.
.
The Overlords are pleased.


4 posted on 11/28/2023 6:54:00 PM PST by Big Red Badger (The Truman Show)
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To: Right_Wing_Madman

Milton Friedman answered this question back in 1977.

****************

The central bank better stick to their current policy of monetary tightening or their position over the last year will do nothing for the future.

Yeah, lets let the cheap money pimps destroy the currency, capital, & labor markets so they can keep filling their bank accounts with their nonessential earnings.(sarcasm)


8 posted on 11/28/2023 7:10:23 PM PST by unclebankster ( Globalism is the last refuge of a scoundrel.)
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