“The Fed Has an Unlilmited Supply of Money”

So said Neel Kashkari, president of the Minneapolis Fed, on CBS “60 Minutes” last night.  CashandCarry (er, I mean, Kashkari) is a banker who ran the corporate-welfare-for-failed-bankers program known as “TARP” in 2008-2009.  At the beginning of his interview he said that the biggest mistake the Fed made during that time was that it did not inflate the currency enough.

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10:32 am on March 23, 2020