The Fed is a private institution. The US Treasury can be solvent independently of the Fed. I believe the plan involves loading the Fed with all conceivable debt and letting it sink. Liquidity and new US Dollars will be supplied by the Treasury without the Fed.
I've been thinking that's what they were doing. Even back when President Trump was in office, it felt like we were spending money like we were planning to stick them with the bill. Let's hope many millions more will be spent to send all the illegals right back to where they came from too!
They can just write it off their taxes, up to $3000 per year... oh wait... The USA used to run a racket where they invested in other developing nations and then invaded when their interests went sideways, I don't see how anyone holding our debt overseas could come to forcibly liquidate our assets. Paper money is like a game, they can find other tricks to just keep the game going, and we still have gold and oil reserves that could be liquidated
The Fed would like to leave their losses "unrealized." That way, they figure, nobody will realize how massive the losses are. It's third grade semantics.
Couldn’t happen to a nicer central bank.
🤣
End the corporation. End the fed. Start over.
Cool it with the antisemitic remarks
This is literally homotransphobic, and extremely sexist and racist too. How dare you.
I just want my dollar to be backed by gold. How hard is that
That would marginalize non-binary communities, just like stopping pedophilia is an attack on the LGBTWTFBBQ community!
https://www.zerohedge.com/markets/feds-game-make-believe-comes-end
I really want to know how Trump and the patriots are going to fix this...
The Fed is a private institution. The US Treasury can be solvent independently of the Fed. I believe the plan involves loading the Fed with all conceivable debt and letting it sink. Liquidity and new US Dollars will be supplied by the Treasury without the Fed.
From the article:
Us debt has to go somewhere.
Nope. Just pile all the debt onto the fed balance sheet and then declare bankruptcy. Problem solved
“Here’s your damn musical chair.”
banker screams in background
(Chair plays It’s a Small World on low fidelity loop)
Yeah, but that "would" is open to question. I don't think they will.
I guess we'll find out.
I've been thinking that's what they were doing. Even back when President Trump was in office, it felt like we were spending money like we were planning to stick them with the bill. Let's hope many millions more will be spent to send all the illegals right back to where they came from too!
They can just write it off their taxes, up to $3000 per year... oh wait... The USA used to run a racket where they invested in other developing nations and then invaded when their interests went sideways, I don't see how anyone holding our debt overseas could come to forcibly liquidate our assets. Paper money is like a game, they can find other tricks to just keep the game going, and we still have gold and oil reserves that could be liquidated
The Fed would like to leave their losses "unrealized." That way, they figure, nobody will realize how massive the losses are. It's third grade semantics.
I don’t understand what a loss means in this sense. Loss implies income doesn’t it? The fed doesn’t raise money. Can anyone help me understand?
You buy a stock at $100 it dips to $60, you have an unrealized loss of $40.
The feds balance sheet is mostly made up of treasuries which they bought at a higher price, thus the unrealized losses