Of the $168 billion that the Fed paid last year in interest on reserves. Say that number again. You said 168 billion. Billion, golly, Roughly half of that, nearly 50% went to foreign banks. So not even American banks. Foreign banks getting tens of billions of dollars of US Taxpayer money every year. Every year. (20:37–20:43)
CLAIM
Asserts that nearly 50% of the interest paid by the Federal Reserve went to foreign banks.
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