Oddbean new post about login | logout The Federal Reserve is losing $758 million PER DAY paying interest to commercial banks on reverse repos and interest on reserves. The losses just reached $100 Billion with a B. https://twitter.com/WallStreetSilv/status/1702496699002782000 https://static.noagendasocial.com/media_attachments/files/111/155/123/064/415/107/original/879408066a764b53.jpg
@76985ca8 it doesn't matter though. You see here's the scam they don't want you to know. The Fed, being the only issuer of the legal currency in the US is always making money no matter what. All the money is belong to me, kind of deal. And it's being effectively loaned out to all the other banks at interest. They don't call it that, of course, because reasons, but that's what it is.
