In fact the Fed lost $3.2 billion just last week alone. And in the month of October, they lost $4.1 billion.
$4.1 billion constitutes roughly 10% of the Fed’s entire capital base, so it’s a LOT of money for them to lose, especially in a single month. And these losses are mostly the result of their interest rate hikes that have caused their bond portfolio to lose value.
At this pace the Fed will be completely insolvent by next spring, at which point they’ll require a bailout from the federal government. I’m sure America’s adversaries will be terrified by such a display of financial strength.
I agree. It looks like this is a necessary step to finally END THE FED. Unclear what the full play is here in terms of the massive debt runnup. Not sure we are going to get let off the hook from the International Bankers. There likely is some twist in store such as seizing their assets and paying off the debt with their own assets?
November 1, 2022; "Yikes. The Federal Reserve Lost $4.1 Billion Last Month.": https://www.sovereignman.com/trends/yikes-the-federal-reserve-lost-4-1-billion-last-month-143954/
If this statement doesn't scream "clown world" to anyone else... I must just have a wicked sense of humor.
I agree. It looks like this is a necessary step to finally END THE FED. Unclear what the full play is here in terms of the massive debt runnup. Not sure we are going to get let off the hook from the International Bankers. There likely is some twist in store such as seizing their assets and paying off the debt with their own assets?
MOASS next spring?