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%"
To: Right_Wing_Madman
Right now there are no Fed Profits.
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