EPISODE · Mar 18, 2023 · 43 MIN
The Fed's Malfeasance after SVB
from The Human Action Podcast · host Mises Institute
This past weekend saw extraordinary actions by the Fed to address the meltdown of Silicon Valley Bank. Did the central bank break the law by effectively authorizing unsecured loans to banks based on the face value—rather than significantly lower market value—of those banks' Treasury holdings? Bob's study guide to A Theory of Money and Credit: https://Mises.org/HAP387a
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