When the Federal Reserve buys debt securities it does so with money it creates out of nothing. Heritage Foundation Research Fellow E.J. Antoni tells Natalie Winters that the Fed then uses that money to buy an asset that will essentially provide it with an income.
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“...We’ve been making history together, and we’re making history because you are the visionary, bold, strong leader that America needed…The exciting thing about the BBB is, America First is no longer just an agenda, it is now the law of the land…” Speaker Mike Johnson to President Trump.