Tim Knowles
Jul 15, 2023

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No that is not how you characterized it. You made it seem the FED banks keep 6% of the profit the FED generates but actually the FED banks only receive a 6% dividend on their capital investment. If people don't read the links you include, they are likely to misunderstand because of the way you present the story. Maybe you are not lying but maybe you don't really understand the facts and that is why you misrepresent them.

Do you think it is wrong for the member banks to get a 6% return on invested capital? That is a pretty paltry return.

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Tim Knowles
Tim Knowles

Written by Tim Knowles

Worked in our nations space programs for more than 40 years

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