TD₿: How the Fed “Went Broke” (an article) by Lyn Alden
TL;DR The U.S. Federal Reserve is now operating at a financial loss.
Hey Bitcoiners,
We’re going on a Lyn Alden tear here, but why would we not? Lyn’s summary of this article: “The U.S. Federal Reserve is now operating at a financial loss, and is months away from having negative tangible equity for the first time in modern history. This article explores how we got here and to what extent any of this matters for savers and investors.”
Enjoy!
Tick tock next block,
Cory Klippsten
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