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The Federal Reserve just reported its largest loss in history. By far.

But don't worry -- you'll be covering it.

...

Either way, we're looking at trillions more on a federal debt that's already hit $275,000 per American household, growing at almost $30,000 per household per year.

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Virtually every sentence in this article by Peter St. Onge is a point worth pondering while deciding how much effort - and allocation - you use to #stacksats

#bitcoin

https://www.profstonge.com/p/fed-admits-losing-114-billion

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Bitcoin Satanist 1y ago

Its okay. Its money we owe ourselves.

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BitcoinBadger 1y ago

Gotta love that circular logic...we owe ourselves a constitutional republic with true representation in all THREE branches of government...so crap like this doesn't keep happening.

But that wish does not align with human self-interest and greed. Thus another Fourth Turning...

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