>>4575045 (LB)
But what is that interest came back into you pocket at the end of the year? That what the Fed remittances are.
If Congress could make money themselves and dump it into the economy then would you trust them to tax it back and unmake it so as to not simply deflate the currency? I wouldn't. That's the advantage in pretending it's being made my an outside entity.
But again, the problem is that this outside entity is controlled by private interests who operate for their own gain. The solution I want to see is for all policy changes proposed by these bankers to be approved my the Senate and only after PUBLIC debate. This would strip them of most of the advantage they have over the other market players. It would also introduce uncertainty because they cannot be sure that the Senate will go along with their proposals.