none of this makes any sense.
how can the fed print money out of thin air... buy bonds then transfer the 'profits' from those bonds... back to the treasury from which they bough them.

the fed doesn't have money, it just prints it.
and sending the 'profits' back to the treasury implies that that money came from somewhere...

econ

MONEY CLASS OF THE DAY: Central Banks Are Insolvent—Clownery or Nothingburger?

denlillaapan

none of this makes any sense.
how can the fed print money out of thin air... buy bonds then transfer the 'profits' from those bonds... back to the treasury from which they bough them.

the fed doesn't have money, it just prints it.
and sending the 'profits' back to the treasury implies that that money came from somewhere...