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A comment on For the First Time, the Fed Is Losing Money. Parent comment

Re:For the First Time, the Fed Is Losing Money by JumpCrisscross on Tuesday March 28, 2023 @10:14AM (#35341439)
> the fed also borrows money on the short end from banks through the reserve program

The Fed doesn’t borrow reserves. That it even pays interest on them is at its discretion.

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