Ross on Nostr: #[0]

quoting
nevent1q…q88a

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. ;)