Chair Powell, is it true that you are now paying $700MM every day in interest to banks, a number which will hit $800MM daily when rates hit 5.5%, resulting in record “unrealized losses” for US taxpayers?
Chair Powell, is it true that you are now paying $700MM every day in interest to banks, a number which will hit $800MM daily when rates hit 5.5%, resulting in record “unrealized losses” for US taxpayers?