In this week’s edition of “Three on Thursday,” we look at the Federal Reserve’s financials through the second quarter of 2024. Back in 2008, the Federal Reserve (the “Fed”) embarked on a novel experiment in monetary policy by transitioning from a “scarce reserve” system to one characterized by “abundant reserves.” In addition to inflation, this experiment has resulted in some other developments that are worrisome. For further analysis, click the link below.
Three on Thursday
September 06, 2024