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Red Maple @redmaple@merovingian.club
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I'm now seeing this, but it gave me a great chuckle 🤣

Do you remember how hard Australia went with covid lockdowns and crazy tyranny? They went so hard, lol 😂, that their central bank aka federal reserve made a $37 billion LOSS and wiped out ALL of their saved profits and equity.

https://www.theguardian.com/business/2022/sep/21/reserve-bank-of-australia-rba-reports-loss-plans-to-cut-treasury-dividends-review-bond-buying-purchase-program

@HitterNeverQuitter

Reserve Bank of Australia reports loss of $37bn and plans to cut dividends to Treasury

Central bank in negative equity after 2021-22 loss, a review of its pandemic bond-buying program has found

The Guardian
September 24, 2022 at 11:46 PM · · Web · 1 · 0 · 0
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