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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?
Originally posted by Cassius666
Really? There is no counterpoint to it? What would the financial world be like without the fed?
What does the Fed do with all the money it recieves?