Every day the Fed is paying $800 million in interest to banks and money market funds.

Can we make it a cool billion?
Every day the Fed is paying $800 million in interest to banks and money market funds.

This means that the Fed's net operating loss is now a record $68 billion. pic.twitter.com/DoY7j6cbgD

— zerohedge (@zerohedge) June 11, 2023