Stimulus Package and Secret Alchemy part 3
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This video is a response to Stimulus Package and Secret Alchemy part 4
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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.?
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Yay. I've been waiting to see this.
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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