Free Republic 4th Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $1,795
2%  
Woo hoo!! And our first 2% is in!! Thank you all very much!! God bless.

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  • Is the Federal Reserve really over 1 trillion in the hole?

    11/27/2022 3:34:20 AM PST · by Degaston · 44 replies
    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.