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Last Checked Oct. 21, 2022

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Tue Oct 18 02:01:08 +0000 2022

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Wall Street Silver @WallStreetSilv

So here is how it works. The Fed creates digitally all of the reserves used to buy up all of the bonds (mortgage and US Treasury debt). The Fed collects all of the interest payments. And now the Fed found a way to shift those profits to the commercial banks instead of US govt. — PolitiTweet.org

Posted Oct. 18, 2022