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TIP533: How the Fed went Broke w/ Lyn Alden
We Study Billionaires - The Investor’s Podcast Network
The Federal Reserve Is a Source of Income for the Treasury
The Federal Reserve's liabilities pay higher interest rates than their assets. The Fed is no longer profitable, they're not sending any more remittances to the Treasury. And so in the future, if they're ever profitable again, then before sending more money to the Treasury, they get to pay themselves back.
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