Posted on 04/24/2024 8:25:48 AM PDT by bitt
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Negative 121 Billion dollars!!!! Fire up the printing presses!!
Like the Entertainment industry run by Morons
The Fed is in quite the pickle. Japan the largest holder of treasuries will be force to sell a bunch of those off to rescue its failing Yen. This while the Fed is going to need to sell a bunch of US Treasuries to finance our ever increasing debt. Between that and the Fed’s need to control inflation expect higher rates and a market collapse in the not too distant future.
They need to act, but they won’t.
Ludicrous? C’mon there is already a plaid edition of Teslas. :)
About all they could do now is print it and drive inflation through the roof. USA becomes a third world Country...the headlines!
Yeah sure…….Congress will fix it……
“They’ve gone to plad.”
Maybe they should act by going on extended leave so the country can have some time to recover from the messes they already made.
I guarantee you that 99.9% of freepers (and the public) have no idea what this “scary” number means.
What exactly is the fed reserve capital? Is it the same as assets? Does it have to do with capital reserve? What are the possible consequence of this “scary” number?
Considering the fact that the fed deals with trillions of dollars, is 160 billion even a round off error?
And can’t the fed cover this “loss” with its printing press?
LOL! Just like they’ve acted on voter fraud and illegal immigration over the years?
I can’t see how it matters. Although this is an unprecedented situation for the Federal Reserve, there is no entity which will “call their loans,” short-sell their shares, demand payment, or otherwise force them into bankruptcy.
Certainly the politicians in Washington DC need the Fed’s ability to do print money, conduct QE in all its forms, change US bank reserve requirements, etc... to monetize the massive Federal Government debt being issued.
Throw more taxpayer money at the banks...NOW!! IT IS AN EMERGENCY!!
The Federal Reserve Board should be disbanded.All they are is the noose around the neck of the working man.
Look what they have done to the value of the U.S. Dollar. It’s valueless.
We only have ourselves to blame for “too big to fail” type bailouts...
Said it was a bad idea then... still a bad idea now.
People tried to warn that the longer the inevitable collapse it put off, the more dire its effects will be.
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