Fed New Accounting Change Means its Impossible for the Fed to go Bankrupt

Fed New Accounting Change Means its Impossible for the Fed to go Bankrupt! :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website

"Back in early January, the Federal Reserve made an obscure announcement in its weekly report. It appeared to be an inconsequential accounting change in the treatment of earnings, and was sold as a step toward greater transparency.

The change was buried in such jargon that it took weeks for the financial bloggers to fully digest what had happened — the new move made it effectively impossible for the Fed to go bankrupt! In this article I'll explain the rule change and speculate on the Fed's motives."

The system is rigged against you.  The 4th Estate (the media) is not informing you of important changes anymore, they are telling you about the Kardashians.