In 2023 the Fed will post its first annual operating loss of $80 billion since 1915. It will have a negative capital of $38B.

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 Mav (@WallStreetMav) March 13, 2023