The six percent is paid on every dollar loaned from a federal reserve bank to a member bank since each FRN is considered a share otherwise how does 46 billion get paid back into the Treasury in 2010 and 1.6 billion posted as retained earnings but the balance sheet shows an additional capital stock growth from 900 billion to 972 billion. Where did the 72 billion come from in 2010. Pull the balance sheet from the Feds website and run the numbers it is time better spent then insulting me, but hey I guess since you are an expert facts are only an impediment to your considered opinion
the Fed owns more than two trillion in bonds. That’s where the bulk of that income derives from. Oh and by the way that money you cite is federal government REVENUE and thus helps offset the deficit. It’s a yield paid on bonds by the taxpayers, TO the taxpayers. A zero sum for the sake of deficit calculations.
When the Fed participates in bank lending it is through the Federal Funds market, which currently is an interest rate between 0 and 0.25%.
To imply that they pull a 6% yield on the entire money supply is just hogwash. You’re like that guy who says “I have no idea, therefore ALIENS” only it’s “I have no idea, therefore banking conspiracy”