(Poll created March 19, 2009)
Submitted by editor

In 2007, the Federal Reserve system earned about $15 billion in interest by creating $282 billion in "notes" and using those notes to buy US Treasury securities. (link is to a pdf file on the Federal Reserve's web site)

What happened to the $15 billion in interest the Federal Reserve earned by loaning its "paper money" to the US Treasury?


2007 Fed Report (.pdf)

Choose all that apply
They pay the interest back to the US Treasury for the right to create "money"
And they have the nerve to call Madoff a crook?
Something about this just doesn't sound right
What would prevent the Fed from making $500 Trillion in virtual money?
If I tried that, I would go to jail
Let's start our own country!
It's in Obama's stash!
I don't know. A high school civics class would have helped.
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