Fed Unrealized Losses Hit -$1.3 TRILLION – Banks Credit Growth Negative For 16 Straight Weeks!

Biden, Congress, and The Federal Reserve are increasingly disconnected from the struggles of America’s middle class. The Federal Reserve, a private entity, has the unique ability to pass its massive unrealized losses, now exceeding $1.3 trillion, onto the U.S. Treasury. This situation highlights the Fed’s controversial role in interest rate manipulation and its impact on the national economy. Additionally, FDIC-insured banks are facing significant losses, further exacerbated by negative bank credit growth for 16 consecutive weeks. These developments call into question the current financial policies and the very existence of the Federal Reserve in its current form.