Who Got the $77 Billion That the FED Earned in 2011?

Written by Gary North on March 22, 2012

The headline on MarkeWatch blared: Fed earns $77 billion from balance-sheet explosion. That got my attention. We learned the following: The Federal Reserve and its district banks earned the second-highest amount in its history last year as the central bank profited from increasing its balance sheet to boost the U.S. economy. The Federal Reserve and […]

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