Oddbean new post about login | logout https://fredblog.stlouisfed.org/2023/11/federal-reserve-remittances-to-the-us-treasury/
TL;DR From the period that this data exists, 2011 to 2022 the FED was making a profit on their operations in each period. (Blue line graph) From the period of 2022 to the present they are operating at a loss in each period. (Red line graph) In the graphic that shows both the profit as a flow and the loss is a stock amount. So when the Fed earns a profit they give it to the US Treasury, when they operate at a loss they barrow from themselves to pay off before they would return profit to the US treasury. https://image.nostr.build/5715ee946bb634463b21159976cd5189dd66d91643f5f4c03762101b67811932.jpg https://image.nostr.build/507598adfd09f2ba8b63c2912cef0539d64c8d754078c518a46cb6b13ad02365.jpg https://image.nostr.build/777355ec9976ae2985cb70b9a805d824bd9eedbc8e0e46ac164e16ba101cd8d8.jpg
