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To: Partisan Gunslinger
The Fed doesn't get the 3% you claim to lose. Sorry.

They actually get a lot more.

You just can't explain how.

355 posted on 01/01/2014 4:08:52 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot
You just can't explain how.

They lend at a rate of a target 3% inflation. They're are the ones profiting from the loss of value of currency in the banks.

359 posted on 01/01/2014 4:23:56 PM PST by Partisan Gunslinger
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