Sure it does. It's got loads of money due to the bank reserve requirement. Plus it collects interest on the money it loans and makes an enormous profit each year, which it turns over to the Federal Treasury.
To say we don’t see eye-to-eye is an understatment. This is the most important secular issue of our lives. You may believe what you wish, but the crisis which is engulfing the earth is MOOTA; i.e., sovereign debt. Many are going to have to find out the hard way.
“Lenin was certainly right, there is no more positive, or subtler, no surer means of overturning the existing basis of society than to debauch the currency ... The process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner that not one man in a million is able to diagnose.”
— John Maynard Keynes, economic adviser to FDR