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What is the money the federal Reserve earns being used for?

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posted on Jan, 12 2011 @ 01:58 PM
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The fed lends out money at an interest. Basically the fed earns 5% a year on every dollar in circulation, printed or digital. The interest is payed for by the income tax. What does the Fed do with all the money it recieves?




posted on Jan, 12 2011 @ 02:24 PM
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Originally posted by Cassius666
The fed lends out money at an interest. Basically the fed earns 5% a year on every dollar in circulation, printed or digital. The interest is payed for by the income tax. What does the Fed do with all the money it recieves?


It enslaves us.

The Fed has but one purpose and that is to bring America to its knees under the guise of being a benevolent entity entrusted to do the exact opposite.



posted on Jan, 12 2011 @ 02:32 PM
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Really? There is no counterpoint to it? What would the financial world be like without the fed?



posted on Jan, 12 2011 @ 02:43 PM
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Originally posted by Cassius666
Really? There is no counterpoint to it? What would the financial world be like without the fed?


We don't need a central bank controlled by a few people that are not associated with the government (hence, the Fed is a private bank).
Just look of videos of Ron Paul and see why he opposes the Federal Bank.



posted on Jan, 13 2011 @ 12:49 AM
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What does the Fed do with all the money it recieves?


The same thing that many other private companies do with their income, help balance the books, maintain operations, provide obscene dividends to the shareholders. To be honest not many people know exactly with the tight security around the Fed.

I have heard some stories that the Rothschild family own almost half the worlds money, not sure how accurate it is but they are rich. They must get it from somewhere along with some of these rich families. Here is a link to more information on the Federal Reserve www.bibliotecapleyades.net...



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