China Connection
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The Fed's Plan for US Government Debt Default
27,690 views
Sep 19, 2021
About 15 minutes long
View: https://www.youtube.com/watch?v=mFiXcCY3Mak
Heresy Financial
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Everyone thinks it is a certainty that congress figures out a solution to the debt ceiling issue before emergency funds run out in October. Everyone, it seems, but the Fed. In fact, the Fed has a plan to deal with the fallout should the US Government start to default on its obligations. And this plan takes the Federal Reserve well outside of its legal boundaries.
27,690 views
Sep 19, 2021
About 15 minutes long
Heresy Financial
89.8K subscribers
JOIN
SUBSCRIBE
Everyone thinks it is a certainty that congress figures out a solution to the debt ceiling issue before emergency funds run out in October. Everyone, it seems, but the Fed. In fact, the Fed has a plan to deal with the fallout should the US Government start to default on its obligations. And this plan takes the Federal Reserve well outside of its legal boundaries.