4 ms·
Actually, the Fed typically runs at a profit and pays it into the US Treasury. http://www.federalreserve.gov/newsevents/press/other/20150109a.htm http://www.fe
by neffy 11y ago
Actually, the Fed typically runs at a profit and pays it into the US Treasury.
http://www.federalreserve.gov/newsevents/press/other/20150109a.htm http://www.federalreserve.gov/newsevents/press/other/2015010...
- fiatmoney 11y agoThey "run at a profit" because they make "interest income on ... U.S. Treasury securities...". I.e., they are paying the Treasury with money they received from the Treasury, or from bonds guaranteed by the Treasury.