Why the Fed could lose $1.5 trillion
July 31, 2025
9 min
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73 of 300
July 31, 2025
Why the Fed could lose $1.5 trillion
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Nprs Planet Money Episodes Around July 31, 2025
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9:27This episodeWhy the Fed could lose $1.5 trillion
Summary
The Fed is on the hook for an estimated <a href="https://www.mercatus.org/research/policy-briefs/federal-reserve-overstaffed-or-overworked-insights-feds-financial-statements" target="_blank">one-and-a-half trillion dollars</a>. 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. <br /><br />Today on the show, we talk to both <a href="https://www.nber.org/papers/w30749" target="_blank">a critic of these actions</a> and someone who helped put those those actions in play. <br /><br />See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.<br /><br /><a href="https://www.npr.org/about-npr/179878450/privacy-policy">NPR Privacy Policy</a>
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