Fed reports its largest loss in history: $114 billion in a single year.

Fed reports its largest loss in history: $114 billion in a single year.

That would be the third largest bankruptcy in American history. And there’s still another trillion plus in “unrealized” losses.

Who’ll pay for it? You. And your children. pic.twitter.com/xKfKWDcG4K

— Peter St Onge, Ph.D. (@profstonge) January 16, 2024

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