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.
So you’re a fan of a central bank, that nowhere in the Constitution states that there should be one? You’re a fan of a group of people that can manipulate our economy however they want?
When you say its employees are paid a fraction of they would make doing similar jobs, feel free to provide an example. Not that I give a damn what any of them get paid.
It is a private bank that has no accountability to the American people. When talk of an audit is brought about folks get worried. I wonder why.
But, then again, entrusting our economy to the likes of Waters, Pelosi, AOC, Omar, Tlaib, Pressley, Schumer, Sanders, Harris, Warren and a whole slew of Republican’s is absolutely frightening.