The Fed: How To Make $3 Trillion Disappear

The Fed Charles Plosser

After the financial crisis, the Federal Reserve created $3 trillion dollars. The goal was to try and keep the economy from collapsing. Now, as the economy recovers, the Fed is trying to figure out the best way to make that money vanish.

The Fed can usually just change the numbers in their system. And poof! The money is gone. This time, they’ll need a new trick. Today on the show, how the Fed plans to make trillions of dollars disappear.

Transcript here

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1 Comment on "The Fed: How To Make $3 Trillion Disappear"

  1. Lame, kind of childish. Completely ignores the Fed’s giant failure of the central planning economics; QE, ZIRP, NIRP. How is it you couldn’t find anyone critical of the Fed’s drug pushing?!! There will be a giant hangover if they pull the drugs even a little bit. But of course it’s NPR with its giant leftwing bias reputation. Also known as National Palestinian Radio.

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