It doesn't matter. The Fed can choose to make or lose money at their whim. They are wholly unconcerned about losing money right now. They are much more concern

It doesn't matter. The Fed can choose to make or lose money at their whim. They are wholly unconcerned about losing money right now. They are much more concerned with Inflation, and it's obvious, because that's been a broken record for over a year now: WE WILL RAISE RATES UNTIL INFLATION IS UNDER CONTROL. Oh Look, they just raised rates again, even after SVB and friends crashed and burned. They are totally serious. If Banks still haven't gotten the memo, there is no hope for them, and the equity shareholders deserve to get wiped to zero, it won't affect US mere mortals, provided we keep under our FDIC limit.