“The Fed doesn’t keep the money. I’ll ask again, how does it benefit them?”
The people running the Fed may benefit as well as people they know.
“They announce the interest rate they target. Is the interest rate available?
They release the bonds they buy. Are their purchases available?”
We can’t audit the following:
“(1) transactions for or with a foreign central bank, government of a foreign country, or nonprivate international financing organization;
(2) deliberations, decisions, or actions on monetary policy matters, including discount window operations, reserves of member banks, securities credit, interest on deposits, and open market operations;
(3) transactions made under the direction of the Federal Open Market Committee; or
(4) a part of a discussion or communication among or between members of the Board of Governors and officers and employees of the Federal Reserve System related to clauses (1)–(3) of this subsection.”
Open market operations include the buying and selling of bonds.
They might tell us, but they don’t have to.
How?
We can’t audit the following:
You said, "Nothing about monetary policy or market operations is available"
Will you admit your error before we move on?