Yeah, gosh - it's mostly public, the privately owned, closely (and secretly) held company.
It's MOSTLY public, PARTLY private, SORT of legal, and really, really easy to make **** up about....
I've never heard of a business that could be taxed at 96% and be worth bothering with.
But I guess if your business is **** currency, it could work - especially if the 96% tax on your profits was something some guy on the internet was merely mouth ****....
I don't think you know how it works, either. The federal reserve does make a profit because it loans its 'federal reserve notes' to banks, so banks pay the federal reserve. the US then taxes its profits at close to 100%...
You are a cum drunk sissy panty, boy. "Sort of private?"
How can an agency that has never been audited - that performs it's OWN audits - be taxed on "profits?"
Tell us what the COSTS of issuing currency are, so we can get an idea of the fed's "profits," kid. When you CREATE money, isn't that ALL "...
Money is produced by the central bank...in the US this is the federal reserve...https://en.wikipedia.org/wiki/Open_market_operation
"In the United States, as of 2006[citation needed], the Federal Reserve sets an interest rate target for the Federal funds (overnight bank reserves) market. When the a...