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I may be misunderstanding, but from the linked article: > “We’ve returned close to $1 trillion to the Treasury over the last 10 years. We did not keep that rev

I may be misunderstanding, but from the linked article: > “We’ve returned close to $1 trillion to the Treasury over the last 10 years. We did not keep that revenue in the Fed,” St. Louis Fed President James Bullard told reporters last month.

landoftheice 4y ago
The interest paid on debt is not destroyed but the principal is destroyed.