The Federal Reserve admits it lost $114 billion last year. That is just the losses from paying commercial banks to park money at the Fed (reverse repos, reserves).
— Wall Street Silver (@WallStreetSilv) January 16, 2024
That number doesn't even reflect potentially another trillion plus in “unrealized” losses on their bond portfolio.… https://t.co/rM4Bqvy4e6
We're going to spend all their money and then stiff em. Prepare.
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