Former World Bank president says Fed lost over a trillion running hedge fund for the rich.

Central bank policies create hidden losses and distortions that favor elites over regular people. Paying high interest on reserves while holding long bonds flips normal central bank profits into losses. This keeps government borrowing cheap but builds bigger problems for the future. A former World Bank president warns that the ... READ MORE... Disclaimer: This post is shared for discussion and critical analysis only. Submission does not equal endorsement. The content may reflect claims or opinions from the original source. Please verify information independently and review primary sources before forming conclusions. If you notice factual errors, misleading claims, or possible AI generated or edited clips, please leave a fact check comment with sources for the community.

Posted Jul 5, 2026, 9:00 PM UTC

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