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HomeGoldThe Fed’s trillion-dollar bridge to nowhere

The Fed’s trillion-dollar bridge to nowhere

The Hill/Andrew T. Levin/3-6-2023

“The notorious Alaskan “bridge to nowhere” was canceled following a public outcry about its $400 million value and minuscule advantages. In distinction, the Federal Reserve’s newest program of quantitative easing, generally often called QE4, was by no means subjected to any public evaluation of prices and advantages.”

USAGOLD notice: An acceptable characterization …… Andrew Levin, an analyst with the Hoover Establishment, says QE will find yourself costing taxpayers almost $800 billion. (You’ll be able to take a look at anytime you need  however you’ll be able to by no means go away.)


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