Wall Street Mav
@WallStreetMav · 3. Okt. 2024
The Fed used to be profitable. However in recent years, they have been forced to put a bunch of band-aids on the banking system.
Now it costs over $500 million per day to pay the banks for reverse repos and reserves. The losses are now up to $200 billion.
E.J. Antoni, Ph.D.@RealEJAntoni· 3. Okt. 2024This isn't a meme stock, failed regional bank stock, or even some random $#!+ coin; it's the losses at the Fed, and it just passed $200 billion - the people w/ a money printer figured out how to lose money...
Elon Musk
@elonmusk
!!
03:49 · 4. Oktober 2024 · 37.740 Aufrufe
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