News for hackers. Stuff that matters.
Re:The Fed Will Buy Bond ETFs Now by JamesBarney on Tuesday May 12, 2020 @03:43PM (#23158748)
Usually when we talk about ownership we talk about who makes decision and who gets the profits. The profits from the Fed go to the treasury, and the head of the federal reserve,who is appointed by the president.

So for all intents and purposes the government owns the Fed.

There are no comments on this comment yet.