if we use gaap accounting (which the fed doesn't use) the nyfed all by itself was ~$680 billion in the hole on jan 2024 pic definitely related (second row down, column all the way to the right) jpm is the largest shareholder of the nyfed, owns ~30%, how do they buy all these energy companies when they are fucking broke? why are musk and trump not talking about this when it is the only thing that fucking matters?
United States