PNPL or print now pay later has been the tool of choice for many global central banks.
The central banks that resorted to PNPL also have to deal with record losses in their bond portfolio.
The value of long-term bonds purchased during the money printing phase plummeted in value due to higher interest rates.
Due to increase in term premia, many global central banks' P&L have turned deep into red.
Amid the RBI, who announced a record $25 billion dividend and reported profits.
The US Fed has reported a whopping $114 billion losses.
England has estimated total losses of £86 billion.