The Fed’s Costliest Mistake?
Elon Musk recently said that DOGE will audit the Fed—but the truth is, the Fed is already audited every year by KPMG, one of the Big Four accounting firms.
So, will another audit uncover fraud? Probably not.
But what if I told you that the real scandal isn’t hidden in the Fed’s accounting—it’s hiding in plain sight?
For the past few years, the Fed has been diverting hundreds of billions of dollars away from taxpayers and into the hands of commercial banks and money market funds—for no good reason.
This is where DOGE should focus its attention. The savings here could dwarf all of DOGE’s other achieved savings combined.
📉 How much has this cost U.S. taxpayers?
📉 Why is the Fed making enormous losses instead of record profits?
📉 And most importantly—how can this be stopped?
The answers might surprise you. And the fix is simple.
This new Macro Watch On Substack video reveals exactly how the Fed’s disastrous policy is draining taxpayer money—and what must be done to fix it.
🔴 Watch the full video now by subscribing to Macro Watch On Substack.
