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I know that the FED pays dividends to it's shareholders (banks) 6%. Question #1: Is it 6% per shareholder or do all the shareholders split that 6%? Question #2: Does "Profit" pertain only to the money the FED makes on interest - or also the money it "created" to buy the government...
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It's very difficult to find an explicit description of the entire process. I think I understand the story, but I want to run this by you guys to see if you spot any errors: The Process of Monetization of the Debt (1) The US government runs a deficit and borrows money by issuing bonds that must be...