Breaking: Fed Goes Broke
The people who control the money are broke!
Fair warning: This is a heavy sarcasm day here on Heisenberg Report. You'll need to make allowances.
The Fed has effectively hiked itself into an operating loss, a scenario that's largely (ok, totally) meaningless outside of the web traffic such a conjuncture is capable of generating.
The figure (below) shows remittances due to Treasury or, more aptly, what the Fed would, in better times, hand its Ponzi partners across the street.
Don't panic. As
“This is a heavy sarcasm day here on Heisenberg Report”
Really? I hadn’t noticed. ?
The part of the US population growing the fastest – “current morons”.
Quick, buy gold, unplug your router and invest in seeds!!!! The whole globe is going back to 1492!
Careful. 1492 was the Mercantile Era. If you got any gold the Portuguese or Spaniards will come and steal it from you.