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To: yard_man who wrote (196767)	4/29/2024 5:34:13 PM
From: Wayners	2 Recommendations Recommended By D.Austin yard_man Read Replies (1) \| Respond to of 218591

From Zerohedge today..." According to its own financial statements, just released last month, the Fed’s total unrealized losses are almost $1 TRILLION — $948.4 BILLION to be more precise. And the vast majority of those unrealized losses come from US Treasuries. So just like Silicon Valley Bank, Signature, First Republic, and now Republic First, the Federal Reserve has rendered itself completely insolvent. In fact, total Federal Reserve capital is just $51 billion… versus $948 billion in losses. This means the Fed is insolvent 19 times over. Think about that: the largest, most important central bank in the world… the steward of the global reserve currency… is completely insolvent on a mark-to-market basis."