The greatest Ponzi scheme in the annals of recorded human history. This is nothing more than a shell game. The Fed is acting like the water pumps on the Titanic. It can buy a little time perhaps. But the truth is the nation is already effectively bankrupt, drowning in an ocean of insurmountable debt. The Fed is simply covering up the true size of this mind boggling debt.
So the Fed must get the interest from the bonds. What does it do with the money? Return it to Treasury?