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Steve Ⓜ️ pfp
Steve Ⓜ️
@stevebeachy
Fire up the fiat printing presses ! 😆 The Fed lost $77.6B in 2024, bringing total two-year losses under Powell to $192B. Losses came from paying more interest on reserves than it earns from its bond portfolio. The Fed created a $216B deferred asset to cover losses without asking Congress for money.
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Viktoria 🎩🔵Ⓜ️ pfp
Viktoria 🎩🔵Ⓜ️
@vito4ka.eth
Crypto people watching this: “You said Bitcoin is a scam…” 😅
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