Why the Fed could lose $1.5 trillion

The Fed is on the hook for an estimated one-and-a-half trillion dollars . Despite the recent headlines, that's not because of building renovations. It's a much larger cost blowout caused by big actions taken during the pandemic to help the economy: quantitative easing. Today on the show, we talk to both a critic of these actions and someone who helped put those those actions in play. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy