There's a planned set of reasons this is happening . . . . . .
Get ready for the roller coaster you're on to dip where no tracks are.
Fed losses breach $100 billion as interest costs rise
Be very careful of this statement and its hidden meanings: !!!!!
""But at the same time, the central bank has cautioned many times that the situation in no way impairs its ability to conduct monetary policy and to achieve its goals.""
Get ready for the roller coaster you're on to dip where no tracks are.
Fed losses breach $100 billion as interest costs rise
Quote:The Fed captures its losses in what it calls a deferred asset, an accounting measure that tallies what it will eventually have to cover in the future before it can return to its normal practice of returning its profits to the Treasury. Losing money is very rare for the Fed. But at the same time, the central bank has cautioned many times that the situation in no way impairs its ability to conduct monetary policy and to achieve its goals.
Be very careful of this statement and its hidden meanings: !!!!!
""But at the same time, the central bank has cautioned many times that the situation in no way impairs its ability to conduct monetary policy and to achieve its goals.""
When The Coconuts Fell 