Is the Fed broke?
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Alex J. Pollock, distinguished senior fellow at the\\xa0R Street Institute in Washington and former president of the Federal Home Loan Bank of Chicago, calls in to discuss the state of our central bank\\u2019s own finances. @RSI @FHLBC
3:07 Unrealized losses and the printing press
6:27 Treasury issuance and the Fed
9:45 Negative capital.\\xa0 Does it matter?
15:55 Partially paid-in capital;\\xa0 echoes of the banking partnerships of old
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