213 () 🧠These people are stupid! posted 1 year ago by panamax 1 year ago by panamax +213 / -0 56 comments share 56 comments share save hide report block hide replies
No, it doesn't.
The Federal Reserve is not funded by congressional appropriations. Its operations are financed primarily from the interest earned on the securities it owns—securities acquired in the course of the Federal Reserve's open market operations.
Open market that is due to monies spent by the people? Government creates nothing. It uses our money to do what it does. Change my mind... Please