How does the money transfer between the Fed and Treasury?
Shared by Demarcus:
When the T-bonds in the Fed’s account mature, will the goverment pay to the Fed? If it will, how does the Fed use the money from the government? If the Fed then transfer the money to the government, does it mean that we all pay an inflation tax?
When the T-bonds in the Fed’s account mature, will the goverment pay to the Fed? If it will, how does the Fed use the money from the government? If the Fed then transfer the money to the government, does it mean that we all pay an inflation tax?
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