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? π‘
(citizenwatchreport.com)
πΈ ECON COLLAPSE πΈ
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Angry face?
Maybe Iβm misreading it, but this looks like such amazing news I cried at it.
βKeep suckin them nuts, Maynard.β
How many nuts has Maynard sucked through the centuries????
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Not nearly enough!