109 April 2023: The Fed Is Bankrupt (www.aier.org) 💥 BANK COLLAPSE 💥 posted 1 year ago by LakotaPride 1 year ago by LakotaPride +109 / -0 The Fed Is Bankrupt "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." ~ Thomas L. Hogan 25 comments share 25 comments share save hide report block hide replies
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.