MrDecentralize on Nostr: The Fed just posted a $77.6B loss in 2024—the second straight year of negative ...
The Fed just posted a $77.6B loss in 2024—the second straight year of negative income as interest expenses outpaced earnings.
Here’s the kicker: U.S. banks made $270B in profit last year, and 30% of that—$78B—came straight from the Fed. That’s effectively a taxpayer-funded subsidy, since Fed profits are normally sent back to the Treasury.
Banks are winning, the Fed is bleeding, and taxpayers are footing the bill. Ask yourself—who really benefits from this system?
HODL #Bitcoin
Published at
2025-03-22 11:05:11Event JSON
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"content": "The Fed just posted a $77.6B loss in 2024—the second straight year of negative income as interest expenses outpaced earnings.\n\nHere’s the kicker: U.S. banks made $270B in profit last year, and 30% of that—$78B—came straight from the Fed. That’s effectively a taxpayer-funded subsidy, since Fed profits are normally sent back to the Treasury.\n\nBanks are winning, the Fed is bleeding, and taxpayers are footing the bill. Ask yourself—who really benefits from this system?\n\nHODL #Bitcoin\nhttps://m.primal.net/PovL.jpg",
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