What percentage of our debt is owned by the Federal Reserve?
Question by Anthony: What percentage of our debt is owned by the Federal Reserve?
Imagine if we abolished the Fed and gave its powers to the Treasury; we wouldn’t have to be charged interest on printed money, we wouldn’t have to be concerned about no audits, we could take our debt owned by the Fed off of the books, and there would probably be less corruption because the Treasury is in the open.
Anyways, anybody know how much debt is owned by Bernanke and the other cronies at the Fed?
Guanajuato- Do you even understand what our Fed does? I’m very far left but this is a serious issue. Our central bank should not be private.
Answer by Waundering Soul
Where do I apply to get a federal bailout?
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