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$120 per American, really alarming?
$120 per American, really alarming?
A fine morning at Starbucks for the family!
It isn't alarming that the institution in charge of money is in the hole by a huge amount? The dollar amount isn't the real issue; but rather that they've done such a poor job at it.
It's only concerning if you (incorrectly) think the Fed's primary purpose is to make a profit.
They sent $109B to the Treasury in 2021, and $58B in 2022. Some years being a down year isn't shocking.
No, because that amount isn't huge at all.