Jerome Powell said "No, we don't borrow money. We don't shut down the Fed when we have negative income." @ PoliticalQuotes.com

On the recordMarch 7, 2023

No, we don't borrow money. We don't shut down the Fed when we have negative income.

Said by

Republican · District of Columbia

Source

Powell clarifies that the Fed does not borrow money despite negative income.

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I think that's right

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we don’t take into consideration political factors

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When you significantly slow the growth of the labor force, you will slow the growth of the economy.

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