[free_life]

Was the money paid back? How? In what form?

I am just a down to earth smuck, I have 4 apples and I eat one apple and I have 3 apples left.

I give you 2 apples, you eat those 2 apples you have to then purchase or trade someone with apples to pay me back those 2 apples plus interest.

Who ended up with the $29 trillion? Was a real $29 trillion dollars (apples) or was it debt erased?

I read articles like this and I am more confused about the FED than before reading it.

[Toddsterpatriot]

Was the money paid back? How? In what form?

Yes. In the same form it was borrowed, dollars.

Who ended up with the $29 trillion?

The Fed lent money overnight. It was repaid the next day and relent. If you borrow $1000 and repay it and we repeat the loan/repayment for 100 days, did I lend you $1000 or $100,000?