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photon · 08-11-2011, 01:12 PM

I thought the Fed had to pay everything it made back to the government (after operating costs and dividends for shareholders)?

How can the Fed be a ponzi scheme or some evil money pit when 95% of the Fed's earnings have been paid back into the Treasury?

08-11-2011, 01:12 PM	#712
photon The new goggles also do nothing. Join Date: Oct 2001 Location: Calgary Exp:	I thought the Fed had to pay everything it made back to the government (after operating costs and dividends for shareholders)? How can the Fed be a ponzi scheme or some evil money pit when 95% of the Fed's earnings have been paid back into the Treasury? __________________ Uncertainty is an uncomfortable position. But certainty is an absurd one.