Economists and pundits mistakenly call the Federal Reserve System's security holdings a portfolio. It is anything but.

Original Article:<a href="https://mises.org/wire/questioning-military-necessity-dropping-atomic-bombs-japanese-cities" target="_blank">&nbsp;</a><a href="https://mises.org/wire/feds-portfolio-nonexistent-fed-does-not-invest-it-destroys-investments" target="_blank">"The Fed’s Portfolio Is Nonexistent: The Fed Does Not Invest. It Destroys Investments"</a>

This Audio Mises Wire is generously sponsored by Christopher Condon.&nbsp;

Economists and pundits mistakenly call the Federal Reserve System's security holdings a portfolio. It is anything but. Original Article: "The Fed’s Portfolio Is Nonexistent: The Fed Does Not Invest. It Destroys Investments" This Audio Mises Wire is generously sponsored by Christopher Condon.

The Fed’s Portfolio Is Nonexistent: The Fed Does Not Invest. It Destroys Investments

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