On: For the first time, the Fed is losing money

[latchkey]

> if you borrow money from a bank, they don't go away if the bank goes under.

Saylor just got a nice 22% discount on repaying his loan when his bank went away...

https://twitter.com/saylor/status/1640325496654143488

[jongjong → latchkey]

Exactly, they can buy their own bonds back at a discount using a portion of the money they borrowed.