It's before 7 AM.
I'm just slow. Not awake yet. 
Posted on 11/27/2022 3:34:20 AM PST by Degaston
I did some analysis on the Federal Reserve and it looks like a Fair Value on their Net Worth is now considerably less than NEGATIVE 1 trillion US dollars. This means that if there was a "run on the bank" with them like happened to Bear Stearns, Lehman Brothers, FTX, and many other entities throughout history then they'd come up over 1 trillion short in meeting their obligations.
If my math is off then please provide your numbers along with justifications so it can be fairly scrutinized.
What happens is inflation.
That’s absolutely true, if the Federal Reserve worked by the same rules as everyone else they would probably be more than one trillion in the hole by many multiples
Job security for crooked feds.
Now we need them more than ever?
Better to state it directly.
Nothing would surprise me. It’s the end result of deficiting our way to prosperity.
Exactly. I’ve watched “The Creature from Jekyll Island.” https://www.youtube.com/watch?v=lu_VqX6J93k
ONE trillion? Probably closer to our debt, like THIRTY., since that process is related.
It's before 7 AM.
I'm just slow. Not awake yet.
The Federal Reserve isn’t Federal and has no reserves. It’s a worthless scam that should be disbanded.
This!
A run on the bank is a liquidity event, and the Fed makes its own liquidity. There can be inflation, yes, but not a lack of financing.
The Fed’s assets are only a small portion of the total federal government financial and material assets. Of most immediate consequence are the financial assets held by the Treasury Department, followed by those held by other federal agencies. And ultimately, the federal government can issue new dollars and put them into circulation, sell new bonds, levy new taxes, and sell or pledge physical assets as security, meaning anything from gold bullion to oil leases to federal lands.
Welcome to the Wonderful World of Quantitative Easing.
Yes, it is true.
Not an expert here on this but has to do with a change they made some time ago.
The next James Bond movie will feature the grand-son of Auric Goldfinger raiding the Fed to steal the recycling machine. (Or is that just a 3D printer making FTX droppings???)
The less than 3% mortgages they created are worth far less than their face value.
Bkmk
“less than 3% mortgages they created are worth far less than their face value.”
Correct—somebody is holding the bag. I wonder who it is.
Hint: In a crooked poker game if you don’t know who the mark is, it is you.
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