Damus
Lyn Alden profile picture
Lyn Alden
@LynAlden
Nothing says "Broken Money" quite like a central bank that is operating at structural losses now and has negative capital.

For the first time in modern history, the central bank of the world reserve currency is just structurally unprofitable.

2443❤️54🤙40👀8👍4💜42
WyhtBBDt · 138w
It will be reset and you'll be happy
no₿ody™ 🧱 · 138w
😳 https://image.nostr.build/578830144265e635fd93d24c2a6f2718f686293a868f38ffad2b7da51f9e2354.jpg
Deleted Account · 138w
https://media2.giphy.com/media/3og0IBnG9wJlbKL0Gc/giphy.gif?cid=2154d3d7p91lhns7jmm6zbq33xqqbcf06dpzy57rbxn8gle7&ep=v1_gifs_related&rid=giphy.gif&ct=g
⚡₿it₿y₿it⚡ · 138w
https://image.nostr.build/4a1b886c6098db3165be7b4858cdd7c3a4a6fbf835d2b8155024f902cfc60072.gif#m=image%2Fgif&dim=360x200&blurhash=iNL%7CVG-h%7EL%25Jt6Mgt5buoy0DV%5B9KjtxpoIoebHa%234%3FIukVRQN1X8afs9j%3FDlo%7BX8RnbFbIR-RkaeVtbbbGbbN1%25JbFazV%5B&x=385e6ca1f80f365363871525a8f91fa46469fd91dd56247587ee...
DadSats · 138w
"Combining those New York Fed projections with the latest data on net income, we estimate that the Fed will carry this deferred asset until mid-2027, after which it will resume transfers to the Treasury."...🤔 https://www.stlouisfed.org/on-the-economy/2023/nov/fed-remittances-treasury-explaining-d...
SATSMAN · 138w
🎯
papaslag · 138w
what happened to make the cumulative curve negative before 2011?
Shogun · 138w
https://image.nostr.build/ed76ab0d8c76316789ed493e4f2d81dbceefd766baf1b252d6ded2fa5628ea0f.jpg
Brunswick · 138w
Wait, what? Is it true or not true that any interest paid between the treasury and the fed is zeroed out every year? Does this mean the treasury is bailing out the central bank?
Enjoy the ride · 138w
👀🧐🫡
Bill Cypher · 138w
There is an infinite amount of money at the federal reserve.
Luffy · 138w
Insane. But everything's gonna be OK right?? 😂😂😂 right?? #bitcoin
bitcoin.rocks · 138w
SOUNDS LIKE IT'S TIME TO nostr:npub1kns8r25ppwc2vpsv5cvhlpk94nfad76k64pkdzfnn704th2hmcksgq3582
Alex · 138w
I don’t get negative or positive capital at central banks. Isn’t it always infinite capital?
Bobby · 138w
The Fed thinks it will pay this off in 2027!! Imagine any business that operates in a loss that long! “But what happens when its costs exceed its income? In this case, the Fed creates a “deferred asset,” which is a negative liability whose value is the cumulative value of the shortfall in ear...
Cristina · 138w
That does not sound good. Facing some out of this world Black Swan soon. I can only imagine we can not imagine what unimaginable consequences this will bring.
Eric Gens · 138w
One of the characters in my book remarked on this. Not sure if this link will work, fingers crossed: https://iris.to/note1dsx2urd0l5jf637yjd69aqkm2qy3s0rx4cg7j5rnx30wp5hakumqzu6vkv