How to Think About the Fed Now Kit Daniels Posted on April 16, 2020 Posted in Aggregated No Comments Tagged with Economy The Fed is, in effect, a lawless economic government unto itself. It is the lender of first resort, a kind of reverse pawnshop that pays top dollar for rapidly declining assets Share this:Share Share on Facebook (Opens in new window) Facebook Share on Reddit (Opens in new window) Reddit Share on X (Opens in new window) X Share on LinkedIn (Opens in new window) LinkedIn Email a link to a friend (Opens in new window) Email