Why do we have a system where the Fed lends money to the Banks so that
the Banks can buy Government Bonds, which the Government then has to
repay at interest?
Why doesn't the Fed lend money to the Government,
charging the same interest rate that it now charges the Banks? Then the
Government can pay the Fed back, and the deficit will drop by
Where does the money go? Where does the money come from?
Whose money is it anyway, when you get down to it? Why is the
Government lending money to the Banks so that the Government can borrow
money from the Banks?