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To: Durus
Are you suggesting that the profits of privately owned member banks are rolled into what the Federal Reserve reports as profit?

Are you talking about the 12 Fed District Banks, or the bank down the street that is a member bank?

56 posted on 10/02/2013 7:57:34 AM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot

A member bank is a bank that owns stock in the 12 Federal Reserve banks.


57 posted on 10/02/2013 9:54:05 AM PDT by Durus (You can avoid reality, but you cannot avoid the consequences of avoiding reality. Ayn Rand)
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