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@ LibertyPicks
2025-04-02 04:36:35mises.org: If Only FTX Could Use the Fed’s Accounting -- https://tinyurl.com/2836nlt5 -- What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal Reserve is in the same position but unlike FTX, the Fed can create fictitious assets and pretend that nothing is happening. #liberty #news