The Fed profits go back to the US Treasury. True enough: $31 Billion in 2008. But the payment isn’t guaranteed and potential liabilities of the “independent” Fed to the US taxpayer are huge.
Coffee with Joe 9-23-09: The Fed Profits…
by Peter on September 24th, 2009
Filed under: Coffee with Joe, Current Events, Videos | Tags: American Monetary and Financial Security Act, American Monetary Institute, Chicago Plan, debt crisis, Fed Transparency, Federal Reserve, Monetary Reform
Recent Posts
Recent Comments
- I think we should be using the same tactics the oligarchs are using on us- divide and conquer. State banks...
RobertM on Coffee with Joe 7-8-10: State Banking? - Another great video guys. Keep up the good work. I really enjoy your discussions.
RobertM on Coffee with Joe 7-24-10: PMR 100% Reserves - I really liked this post. I have one you may be interested in on saving 14.8 T off the Catfood...
letsgetitdone on The Mother of All Free Lunches
A Note on Etiquette
We welcome all points of view. We respect all honest and open minded inquiry. We ask (but do not require) that you use some part of your real name on blog postings, and that you refrain from the personal attacks that characterize so much of the blogosphere. As a general rule, if you wouldn’t say it like that in front of your grandmother, please don’t say it that way here. There are Grandmas reading this blog.