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When the FED returns it's profits to the Treasury, what does the Treasury do with it?
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...
on Fri, Oct 15 2010
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