Posts Tagged ‘maiden lane III’

The Federal Reserve Made a Record $47.4 Billion HELPING Housing Market in 2009?

The Federal Reserve Made a Record $47.4 Billion HELPING Housing Market in 2009?

The Federal Reserve, by the way, doesn’t exist to make a profit like the commercial banks. Until 2009, the Fed paid no interest on the bank reserves and other monies it holds, and it earns interest on the Treasury... (Continue reading)


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