the NYFed is operating on $12B in capital and in the hole itself ~$144B today
this is all that the largest owners of the NYFed (the primary dealers mostly), would be held accountable for, if they failed, lol, you would think the FBI would give a fuck about this, since the NYFed claims to have almost $10T in assets

Thread from Feb 6th 2025 194 posts
https://archive.4plebs.org/pol/thread/496654194

200 post thread from Nov 10 2024
https://archive.4plebs.org/pol/thread/487963430/#q487963430

the great irony here, is the more cash the public uses, the more it forces the Fed franchises to hold the interest-free fiat as liabilities (aka CIC cash in circulation) and thus, making US taxpayers’ dollars less available to be spent paying out the liabilities of IORB to primary dealers and interest on reverse repo transactions to MMFs