The interest that the Treasury must pay is used by the Federal Reserve Corporation to fund its expenses. Fourteen years ago when I received information from the Congressional Research Service the FED was voluntarily returning the interest amount less their expenses due to congressional pressure. I do not know if this practice continues.
Well, I'd like to know the truth on that because some people say our taxes are barely enough to pay the interest we owe the Fed Res Inc. I can't imagine their expenses are anywhere near the amount of interest owed. Have you seen Zeitgeist , and if so, what is your take on it's commentary on the Fed Reserve Inc.?
What about Interest on the $ loaned to the Treasury?
getenlightened 4 years ago
The interest that the Treasury must pay is used by the Federal Reserve Corporation to fund its expenses. Fourteen years ago when I received information from the Congressional Research Service the FED was voluntarily returning the interest amount less their expenses due to congressional pressure. I do not know if this practice continues.
commentarytoday 4 years ago
Well, I'd like to know the truth on that because some people say our taxes are barely enough to pay the interest we owe the Fed Res Inc. I can't imagine their expenses are anywhere near the amount of interest owed. Have you seen Zeitgeist , and if so, what is your take on it's commentary on the Fed Reserve Inc.?
getenlightened 4 years ago
Yay. I've been waiting to see this.
horny4Utube 4 years ago