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To: Toddsterpatriot
Back up for this claim.
Are you denying the Fed profits from seigniorage privilege?

A single credible one would be fine.
Glad to hear it. You should be able to easily find one then.

Yes, they created an independent agency of government.

They are not a government agency by any logical objective measure. The Fed itself doesn't even claim to be a government agency but a "non-profit organization" but I don't get anything for convincing you, be secure in either your ignorance or continue to peddle your propaganda.

27 posted on 10/01/2013 12:29:27 PM PDT by Durus (You can avoid reality, but you cannot avoid the consequences of avoiding reality. Ayn Rand)
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To: Durus
Are you denying the Fed profits from seigniorage privilege?

Of course not.

and those profits are not turned over to the Treasury.

It's the above portion of your claim I deny.

You should be able to easily find one then.

If you had one, you'd post it.

They are not a government agency by any logical objective measure. The Fed itself doesn't even claim to be a government agency but a "non-profit organization"

The Federal Reserve, like many other central banks, is an independent government agency but also one that is ultimately accountable to the public and the Congress.

http://www.federalreserve.gov/faqs/about_12799.htm

30 posted on 10/01/2013 2:09:47 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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