What happens is inflation.
Job security for crooked feds.
Now we need them more than ever?
Nothing would surprise me. It’s the end result of deficiting our way to prosperity.
ONE trillion? Probably closer to our debt, like THIRTY., since that process is related.
The Federal Reserve isn’t Federal and has no reserves. It’s a worthless scam that should be disbanded.
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 less than 3% mortgages they created are worth far less than their face value.
It is not just the Fed, any firm that holds a large amount of fixed rate securities is upside down.
There cannot be a run on the federal reserve bank since they can simply print at well.
You are never “in the hole” if you have a printing press
That sounds about right except they just keep creating dollars out of thin air at will.
Here’s another opinion explaining it.
https://youtu.be/L9aye4wQ8Ok
The Currency Reset Will Wipe Out Creditors and Usher in CBDCs.
Really quite a brilliant interview and how the Fed’s balance sheet plays into everything.