To: garbanzo; Toddsterpatriot
"
Essentially, the seignorage income is returned to the US Treasury." There are no transactions on record to support that contention. Where did you get that idea?
284 posted on
11/18/2007 4:41:43 PM PST by
editor-surveyor
(Turning the general election into a second Democrat primary is not a winning strategy.)
To: editor-surveyor
There are no transactions on record to support that contention. There are - it's just that there's no line item that says "seignorage income" on a balance sheet somewhere. The income is returned in the form of transactions between the Federal Reserve open market operations with the Treasury and the Fed's member banks.
290 posted on
11/19/2007 4:23:48 AM PST by
garbanzo
(Government is not the solution to our problems. Government is the problem.)
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