3min chapter

The "What is Money?" Show cover image

Central Banking is a Confidence Game | The Snider Series | Episode 6 (WiM106)

The "What is Money?" Show

CHAPTER

Does the Fed Generate Seniorage Profits?

The federal reserve has always had a large portion of the government debt. It takes in far more income than it pays out in its own expenses. So that money us ed back to the treasury, which then opens the door to claims of monotizing the dead. But i'm not convinced that's an incentive either, because this is the way it's been for a long time.

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