the Federal Reserve (ie a PRIVATE institution that has nothing to do with the Federal Government)
Nothing to do with the Federal Government? Not even a little bit?
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The (preordained) appointment of The Federal Reserve Chairman by a U.S. President and confirmed by the US Senate is Kabuki theater made to appear as if it’s somehow tied to the US Government. As anyone that follows these things….the Federal Reserve is a private institution owned by banks (both domestic and international) yet to what degree no one truly knows because the US Government is NOT allowed to audit their books. We’re simply instructed to go their “website” and believe whatever BS they post there like what are the assets they’re purchasing, how much and when. Most organizations that try to pull that off are charged with securities violations….ala Eron and Bernie Madoff. The fact that 98% of the US population isn’t aware of this should be telling and terrifying enough!
Who gets the earnings?
yet to what degree no one truly knows because the US Government is NOT allowed to audit their books.
They're audited every year.
https://www.federalreserve.gov/aboutthefed/audited-annual-financial-statements.htm
We’re simply instructed to go their “website” and believe whatever BS they post there like what are the assets they’re purchasing, how much and when.
You don't believe their reports?
Most organizations that try to pull that off are charged with securities violations…
They post their financial info more frequently than any organization.