Nothing says "Broken Money" quite like a central bank that is operating at structural losses now and has negative capital.
For the first time in modern history, the central bank of the world reserve currency is just structurally unprofitable.
Wait, what? Is it true or not true that any interest paid between the treasury and the fed is zeroed out every year? Does this mean the treasury is bailing out the central bank?
Crazy! Makes you wonder how much worse would things be if a 2007 style financial crash happened in this decade of print money like thereβs no tomorrow.