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The US pays MUCH higher interest rates because of a very misguided Federal Reserve. [Trump Tweet]
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| 07/22/19
| President Trump
Posted on 07/22/2019 7:01:26 AM PDT by Moonman62
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To: RideForever
After the banks, what’s left over goes to the private corporation called Federal Reserve, instead of reducing the national debt with it.Any profit from the Federal Reserve system goes into the US Treasury.
21
posted on
07/22/2019 4:50:24 PM PDT
by
semimojo
To: Toddsterpatriot
Do you know about the change made in 2008 that she mentions?
22
posted on
07/22/2019 5:15:12 PM PDT
by
Moonman62
(Charity comes from wealth.)
To: Moonman62
Do you know about the change made in 2008 that she mentions? Yes, before 2008, the Fed did not pay interest on reserves.
To: Toddsterpatriot
24
posted on
07/22/2019 5:59:24 PM PDT
by
Moonman62
(Charity comes from wealth.)
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