The Fed‘s Plan for US Government Default

<p>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.</p> <p>Support the show on Patreon: <a href='https://www.patreon.com/heresyfinancial'>https://www.patreon.com/heresyfinancial</a> </p>