You finally understand what the Fed can do?
The truth is that the Federal Reserve is itself a highly leveraged financial institution.
The Fed owes no money, how leveraged are they really?
"Creditors of central banks...are at no risk of a loss because the central bank can always create additional currency to meet any obligation denominated in that currency,"
Yep--Just tell that to Iceland, Zimbabwe, Weimer, etc!
Maybe you think the fed should just print off $100 trillion and mail it out—we’ll all be rich! LOL!