The Federal Reserve Bank Is Insolvent 19 Times Over

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[–]YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Anyone notice how often ZeroHedge generates disinformation by taking one number out of a complex document, expecting no one to check it, because - let's face it - ZeroHedge is appealing to readers who don't know shit from Shinola.

So - have a look at the the report they linked - here: https://www.federalreserve.gov/aboutthefed/files/combinedfinstmt2023.pdf

Search for 'losses', if you want to see all of the information, or TLDR, go to the fifth page and look at the surplus of $6.79 billion.