what conspiracy theory is that? I was asking for an explanation on what the Fed is doing now, in simple terms. I don’t need anyone to tell me about the derivatives market and all that other Wall St bullsh*t and then accuse me of wearing tinfoil hat.
And thinking that they big banks, the Fed and Wall St are screwing us over, isn’t a conspiracy, in any shape or form.
The Fed’s employees are paid a fraction of what they would make doing similar jobs in the private sector and all the net profits the Fed earns from its operations are refunded to the American people’s Treasury, averaging about $100 billion a year in recent times.