The Federal Reserve is technically bankrupt.
In 2023 the Fed will post its first annual operating loss of $80 billion since 1915. It will have a negative capital of $38B.
This loss does not count the $1.3 trillion unrealized loss on its portfolio.
Ht u/Lapuamies pic.twitter.com/AiNXsoF4tr
— Wall Street Silver (@WallStreetSilv) March 13, 2023