Lots of Red Ink at the Fed | Alex J. Pollock
The Federal Reserve has officially reported a loss of $57 billion for the first six months of 2023. Quite a number! So the “Federal Reserve Banks Combined Quarterly Financial Report as of June 30, 2023” (CQFR)—a little-known document—is especially notable ...
Imaging being able to print money and still in loss ... my my
Yeah, printing zeros doesn’t seem to be sustainable after all. They’re basically parasites. ”Elites” 😄
Name checks out!