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The Fed just posted its first operating loss EVER. The charter was set up so that IF the Fed EVER did experienced a loss, AS IT FINALLY HAS, that loss would be a debit against future profits the Fed hands over to us. So, no profits THIS year...and, under Biden, what's next year's outlook? Anyone? 😡 (citizenwatchreport.com) 💸 ECON COLLAPSE 💸
posted ago by catsfive ago by catsfive +225 / -0
The Deeper Dive: Federal Reserve Posts Its First Operating Loss EVER. It’s HUGE! YOU pay.
BY DAVID HAGGITH And, of course, you don’t hear the mainstream media saying a word about this. The Fed’s tightening regime just bit deeper into the national deficit. For the very first time in 108 years, the Fed just ran at a net loss, and it was huge. To ...
citizenwatchreport.com
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