[Toddsterpatriot]

The people running the Fed may benefit as well as people they know.

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?

[evandi]

“How? “

By telling people what they are going to do before they do it or by giving certain banks they are affiliated with (not necessarily officially) loans while not giving them to others. Choosing who to buy bonds from based on how that person is related to them.

“You said, “Nothing about monetary policy or market operations is available”

Will you admit your error before we move on?”

I mean no part of monetary policy or market operations are available to an audit.

[evandi]

If you consider that the fact that they sometimes grace us with information they don’t mind telling us as any significant form of openness you are crazy.

If they really had something to hide they would hardly give us the information we needed to find it.