Washington speaks with forked tongue on debt ceiling

The Federal Reserve doesn’t finance the U.S. debt directly but do so indirectly in huge ways—and then lies about it. Case in point; Treasury Secretary Janet Yellen (and former Fed chairwomen) recently attempted to nix such an idea when she said, “asking the Federal Reserve to print money to cover deficits would compromise the independence of the Fed, conflating monetary and fiscal policy”....

Premium Content is available to subscribers only. Please login here to access content or go here to purchase a subscription.