Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Chad C. Mulligan
The Fed returns a large portion of it's PROFIT back to the Treasury.

According to the article you sent, the Fed sends all its profits to the Treasury:

"Whatever the Fed earns beyond its operating expenses is then returned to the Treasury Department."

But the Fed does not give the Treasury interest-free loans:

"The red ink further mounted as the funds rate, now at between 5.25% and 5.5%"

38 posted on 05/22/2024 3:46:21 PM PDT by Right_Wing_Madman
[ Post Reply | Private Reply | To 37 | View Replies ]


To: Right_Wing_Madman

Right now there are no Fed Profits.


39 posted on 05/22/2024 3:50:33 PM PDT by Captain Peter Blood
[ Post Reply | Private Reply | To 38 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson