Bob and Carlos discuss a recent Mercatus Policy Brief that documents how rising interest rates have caused the Fed to lose a trillion dollars in the value of its assets, and is now technically insolvent. Does it matter?

Mentioned in this episode and other links of interest:

• The Mercatus report explaining how the Fed lost a trillion dollars.
• Bob’s 2011 article explaining the Fed’s accounting change.
• Bob and Carlos’ presentation, “How to Weather the Coming Financial Storms.”
• Bob and Carlos’ book with Nelson, The Case for IBC.
• The IBC Practitioner Finder.

The audio production for this episode was provided by Podsworth Media.