The Fed Operating Losses $42 Billion

[Playa]

For the 1st time in the history of The Federal Reserve they are losing money, $42B since Sept.

https://www.wsj.com/articles/for-the-first-time-the-fed-is-losing-money-mortage-backed-securities-treasurys-interest-rate-risk-svb-ad92e96f

I’m not an economist but this seems like this should be front page news? But I suppose that would undermine the narrative that the economy is strong.

[stickerpatch59]

childs play for them.

if only there was a way to make them run this country like we have to live our lives.... just somewhat.

[rtp]

I read last year that this would be the case this year. They’ve “made” so much over the past decades what’s a few 10’s of billions?


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