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by Ztynovovk 1257 days ago
It would collapse all of the society…if that were true.

But it’s not. The fed is regularly audited in the usual sense by independent third parties.

https://oig.federalreserve.gov/reports/board-financial-state....

Additionally, every security owned by the Fed, up to the detail of the identifying CUSIP number, is also available online.

https://www.newyorkfed.org/markets/soma-holdings

2 comments

They keep USA's gold. When was the last full gold audit?
Not since 1995…suspicious…
"hey we identified every single bond we bought with the funny money we printed out of thin air, so no worries comrade."