>>8605360 pb
>ARE TAXPAYERS PAYING FOR THE FED’S EMERGENCY LENDING?
>By providing funds from the ESF, the Treasury is agreeing to cover losses on the Fed’s emergency lending. If there are losses, the taxpayers are on the hook
This stuff makes my tired pea brain numb.
How could there be losses? Or alternatively, how could there NOT be losses?
Does it depend on the management of investments in the market? If so, which market?