The bankrupt central bank
The Fed is bankrupt — and I don’t just mean intellectually.
Like a private bank, the Fed maintains some level of capital as a buffer against losses. When those losses exceed the value of its capital, the Fed becomes insolvent, meaning the liabilities it owes to others are greater than the total value of the assets it holds.
The most recent data show that the Fed owes the Treasury over $41 billion, which exceeds its total capital. The Fed, by common standards, is indeed insolvent.
I read recently that the Fed ihas been losing money. Typically they (the share holders) earn 6% interest on the money created and loaned to the major banks. Lately, according to what I read, they are losing billions of $.
The bankrupt central bank The Fed is bankrupt — and I don’t just mean intellectually.
Like a private bank, the Fed maintains some level of capital as a buffer against losses. When those losses exceed the value of its capital, the Fed becomes insolvent, meaning the liabilities it owes to others are greater than the total value of the assets it holds.
The most recent data show that the Fed owes the Treasury over $41 billion, which exceeds its total capital. The Fed, by common standards, is indeed insolvent.
Can't they just print money for themselves kek
Trump put the FED under the Treasury before he left office. Previously the FED was printing the money. Now the Treasury prints it.
Appears they have a history of doing so.
This makes as much sense as Hillary losing a rigged election!
The issue is the Rothchild foreign national overlords can’t manipulate our dollar to their advantage.
I read recently that the Fed ihas been losing money. Typically they (the share holders) earn 6% interest on the money created and loaned to the major banks. Lately, according to what I read, they are losing billions of $.
I have heard similar and they have been fired. JFK had signed a EO that ended the FED, along with pulling us out of Vietnam.