No? Then I will tell you its low.
That $77 billion dollar PROFIT was part of $85 billion paid in by the Treasury.
The Fed collects it. Takes $3 billion for operating expences. $5 billion for other things (its in a comment to the post).
AND THEN RETURN THE REST TO THE TREASURY!
Thats right. By law that $77 billion is returned to the same people who paid in $85 billion - so its basically a bookkeeping entry.
Sure the Fed makes that profit. But it doesn't get to KEEP that profit. By law it has to give most of it back to Treasury.
You STILL are clueless.
Read the comments.
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