4 ms·
Yes, the Federal Reserve turns over a fair bit of seignorage to the treasury. The latest number I see is $31.7 billion in 2008. http://federalreserve.gov/boardd
by derobert 17y ago
Yes, the Federal Reserve turns over a fair bit of seignorage to the treasury. The latest number I see is $31.7 billion in 2008. http://federalreserve.gov/boarddocs/RptCongress/budgetrev09/default.htm#fn3r http://federalreserve.gov/boarddocs/RptCongress/budgetrev09/...
Of course, that $31.7 billion is mostly interest on treasuries, so…