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 ...
That is a must-read article. The most important line is "The Fed is insolvent".
---"Shit boss, we ran out of zeros!"---
Babylonian Money Magic!
Terrorist Attack, Alien Invasion, Death of someone huge, something big is on the way to cover it all up....
Carter in a box.
"Carter in a box" Sounds like a Christmas chotchky (sp?). You know, one of those useless things a wife brings out every year....like elf on a shelf.
......... another thing they will regift.
Both of them....
My guess is according to this earlier post, Whatever it is, The Cabal will do it next Saturday, the 23rd.
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!
Did they check the Ukrainian couch?
They printed 2 trillion dollars, AND STILL HAD A LOSS?
I somehow think it has something to do with Trump rolling the Fed into the US Treasury & appointing Powell as chair. The white hat plan must involve bankrupting the cabal's source of endless capital. I read somewhere that Soros stopped funding NGO's in Europe. I think those bastards are really running out. They will of course never show it & will stiff their own booklickers as their final last act so we won't know till it happens, but yeah, the time is close
We're all on the shit coaster eating shit apples and we are all about to go over the top and land in shit.
Better grab some garbage bags and get in one to keep off of us when we go over the cliff.
LOL are the garbage bags made out of shit? Everything else is...
https://www.youtube.com/watch?v=p6CF-umWLZg
It's not a watermelon that's getting smashed.
are you talking about a shitnado incoming? better get randy off the street and store up some cheeseburgers.
CORRECT PATRIOT!
LOL
Being eaten by shittapillers.
Fine. Let me off this shit coaster. After I land in shit I will walk my way out of the shit. Just let me off.
When you walk out of the shit you will eventually step in puke.
It's not that surprising. The Fed holds trillions of dollars in bonds. Bonds' value drops as interest rates go up, and so their main asset keeps losing value. And so they print more money, buy more bonds with that money, but the influx of money causes inflation to rise, which leads to higher interest rates, which causes the bonds to lose value, and so they print more money ...
Kinda like a snake eating it's own tail?
Amazing how random internet users know this, but the Fed pretends not to....
upvoted
Ah the "Federal Reserve" - it's NOT "Federal" and there's certainly NO "Reserve".
Like Grape Nuts cereal
No grapes
No nuts
What? Well that's one more breakfast cereal I'll have to cross off my list.
Ha ha no worries, it's packed full of dangerous carbohydrate molecules anyway
Horrible way to start the day
Uh oh.....Does that mean Frankenberry has no .........
Another Excellent article on this from Joe Lange over at Truth Social https://badlands.substack.com/p/master-and-commander
so basically a month of Ukraine ‘aid’
Yeah, that's going to fucking happen when they are covering for the banks and hedge funds while the blackhole of GME/AMC is making all of the shorts bleed out. I'd bet my bank account that the ACTUAL loss across the board is WAY fucking higher than this. The amount of creative accounting needed to limit the loss to $57 billion must have been all they were working on for Q1/Q2.
Why? Banks are failing just like the Fed. Liabilities are outpacing assets. They are using unsecured leveraged positions to make risky plays without caring about fundamentals. The Reverse Repo was $2 Trillion per day, since Biden took office, and only recently declined due to the new BFTP [sic?] system in which the Fed just basically prints more money for large banks/lenders as needed.
They're literally making massive losses and FTDs vanish into thin air in order to create an illusion that there's actually a path forward.
Our path forward = Trump / Destroying The Fed / Gold Backed USD
But we've known this for years. Now it's happening.
Just curious. What do you think about cryptocurrency and in particular Bitcoin?
Totally agree the loss is way more than they're telling us. And who will be left holding this bag of poop at the end of the day?
Personally - I think Crypto is too disjointed. Me and you could spin up a shitcoin tomorrow if we wanted to. It's the wild west. BTC was simply first to act and holds the highest current valuation/acts as the barometer for all others. I have a mix of many, many different types... but I also sold a great deal of it at peak and converted into PM's + GME to dodge taxes.
Crypto is risky. It could 50x or drop to zero. Too many unknowns for me to keep too much in the market, so I spread it out with the heaviest being BTC, LTC and ETH to hedge bets on future possibilities. Mostly just let it sit and keep stacking PM and buying GME/AMC dips.
Never going to waste time on the stock market again either after we've seen how corrupt it is. The entire market, like the MSM, is a lie.
Agreed! I got outta the stock market years ago. I was getting interested in Bitcoin though bc I have heard about some interesting movement in the accounting and investment worlds about crypto. I wasn't planning to invest much but want it to be worth my while. The learning curve just to invest seems pretty steep. So that's why the question.
Seems decentralized cryptocurrency could be what the Patriots have in mind to replace the digital central bank reset bs. Plus, of course asset based physical money would be used. I've read that a money system of any kind will always be subject to corruption. Maybe so, but we don't have to put up with this Babylonian black arts currency system designed to suck our life energy and enslave the people.
...Road to Roota - bix weir
Man, I only need ONE billion, and I'd be set.
Maybe the 67 planes full of Vatican gold will magically appear after the Fed goes bye bye 🇺🇸🙏🇺🇸🙏🇺🇸🙏🇺🇸🙏🇺🇸 !!!
#FuckTheFed
Little Z bitch better got my money.
Don't worry citizens, they'll find more money for Ukraine!
(((Federal reserve))) usury is wrong, God is ashamed of the moloch baby sacrificing synagogue of satan
There's some smiting to be done...smite away, O mighty smiter!
I’m not much of a violent person, I’d rather ridicule them for their degeneracy
"O mighty smiter" was referring to God, who has got being violent down to an art form
Does this mean the Fed will End itself?
Shocking 😱😱😱 - said no one paying attention.
pocket change
57 is steak sauce. The one with ketchup in it, sloppy and reddish. I also noticed 5700 followers in the Susanna Gibson exposure article. Another 57. I wonder if there's a connection.
Why don’t you just print more money like always?
Did you look in the garage, behind the Corvette?
Wonder if it should be destroyed and replaced with nothing...just gold-backed real money
For some reason this seems like accounting tricks.
what a great year!