What if the US gov. does not pay the Federal Reserve BANK, Inc. back for the TRILLIONS they are pumping into the New York Stock Exchange?
how many banks are the afiiliated with worldwide? how they can punish or make the USA pay them back maybe?
the Federal Reserve BANK "creates" money & "loans" it to the US Treasury & they bill it to the taxpayers? or how it is paid for? and why?
- BryceLv 71 month agoFavorite Answer
The Federal Reserve Bank buys assets--Treasuries, mortgages, and other debt obligations--with money they create. Those assets are eventually paid off or sold, and the new money is retired. That process keeps those markets liquid and functioning.
- 1 month ago
Dementia Donnie 'will declare bankruptcy" & the US dollar wiull become worthless, & with it will go your life long savings. Thank you, Dementia Donnie.
- Anonymous1 month ago
Donald Trump is the King of Debt. So who cares. Right.