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Fed Admits Losing $114 Billion
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Fed Admits Losing $114 Billion

Peter St Onge's avatar
Peter St Onge
Apr 05, 2024
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Fed Admits Losing $114 Billion
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The Federal Reserve just reported its largest loss in history. By far.

But don't worry -- you'll be covering it.

A few days ago the Fed announced its preliminary 2023 financial statements. Note these aren't audited results -- we have to take the Fed at its word.

You may recall Ron Paul's decades-long campaign to audit the Fed, which failed since the Fed is…

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