Quote:
Originally Posted by TheDoc
"The amount returned to the Treasury by the Fed will be less than what the Fed receives as an interest payment."
What they did was claim a profit because they had extra money left over on a debt payment, which isn't really growth or profit at all.
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i don't understand how this pertains to the accounting principles they use.
regardless of whether or not what is returned to the treasury as profit and how much, there will still be a blank spot on the accounting ledger next to the $1.5 trillion cash printed in coordination with the debt that this legislation will *wipes out*.