Tax Payers are now Funding Paying The Federal Reserve’s Debt


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Retuer Quote “NEW YORK, Oct 12 (Reuters) – The Federal Reserve’s net income turned negative in September, minutes from its most recent policy meeting showed, although the largely technical development – previously flagged by its staff – will not affect the U.S. central bank’s ability to conduct monetary policy and does not threaten its financial position.

At the Sept. 20-21 meeting, a top New York Fed staffer said that “as expected, Federal Reserve net income turned negative in September.” The minutes, which were released on Wednesday, also noted that central bank staff expect the Fed will face negative income for some time. The looming turn to technical losses had been noted in the minutes for the Fed’s July policy meeting.” See full article below.

https://www.reuters.com/markets/us/feds-net-income-turned-negative-september-it-was-no-surprise-2022-10-12/
https://www.bloomberg.com/news/articles/2022-10-10/it-s-official-the-fed-s-in-the-red

-TIMESTAMP-
0:00 The Federal Reserve is Bankrupt!
1:00 Tax Payers are now Funding the Feds Debt.
3:30 We need a Free Market not a Market Makers.
4:30 Jerome Powell United States Reverse Repo.
6:15 How much longer will this last?


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