The Federal Reserve Is Bleeding Red Ink and You're on the Hook
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Money Metals Exchange The Federal Reserve is losing over $1 billion every week and you're on the hook. Since September 2022, the central bank has reported losses of around $176.4 billion. If it was a real company, it would be considered bankrupt. Fortunately for the Fed, it gets to make up its own accounting rules. Unfortunately for you the taxpayer, you're going to pay for the central bank's losses.
The Federal Reserve Is Bleeding Red Ink and You're on the Hook
The Federal Reserve Is Bleeding Red Ink and…
The Federal Reserve Is Bleeding Red Ink and You're on the Hook
Money Metals Exchange The Federal Reserve is losing over $1 billion every week and you're on the hook. Since September 2022, the central bank has reported losses of around $176.4 billion. If it was a real company, it would be considered bankrupt. Fortunately for the Fed, it gets to make up its own accounting rules. Unfortunately for you the taxpayer, you're going to pay for the central bank's losses.