2 ms·
> the Fed actually eventually made a profit on the toxic debt they acquired during the bailouts. The Fed made $90B in profits in 2012, but they were only able
by ergoproxy 13y ago
> the Fed actually eventually made a profit on the toxic debt they acquired during the bailouts.
The Fed made $90B in profits in 2012, but they were only able to do this by printing $85B per month in QE. In other words, they're printing profits...something you and I are not allowed to do legally. The bigger question is: If they're printing $1T/yr, why are they only making a measly $90B/yr in profits?