I published a new macro article today: https://www.lynalden.com/broke-federal-reserve/
Since September 2022, the Fed has been operating at a financial loss. This article examines some of the ramifications of that. The main result is that money that would otherwise flow to the US Treasury now flows to US banks and money market funds instead.
Sharing it on Nostr today and Twitter tomorrow. ;)
LynAlden / Lyn Alden
npub1a2…cw83a
2023-02-07 17:58:01
Author Public Key
npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83aPublished at
2023-02-07 17:58:01Event JSON
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"content": "I published a new macro article today: https://www.lynalden.com/broke-federal-reserve/\n\nSince September 2022, the Fed has been operating at a financial loss. This article examines some of the ramifications of that. The main result is that money that would otherwise flow to the US Treasury now flows to US banks and money market funds instead.\n\nSharing it on Nostr today and Twitter tomorrow. ;)",
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