100 sats \ 1 reply \ @Undisciplined 26 Mar \ parent \ on: Federal Reserve Profits and Losses charts_and_numbers
I know it's all a big accounting scam, but they usually try to pretend like the assets and liabilities make sense.
I remember seeing this article back in January from AEI: https://www.aei.org/wp-content/uploads/2024/02/Fed-losses-and-monetary-policy-Jan-31_2024-WP.pdf?x91208
So, I guess they're taking these enormous losses now, while the money supply shrinks and later they'll create a ton of money to cover their losses.