The Fed, like other government entities, is supposed to send its net profits to the US Treasury.
But the Fed, which has a license to print money, somehow has been permitted to keep this account and grow it massively.
Read Full Article »The Fed, like other government entities, is supposed to send its net profits to the US Treasury.
But the Fed, which has a license to print money, somehow has been permitted to keep this account and grow it massively.
Read Full Article »