Quantitative Easing is a tax
January 12, 2010 at 07:43 AM EST
[Skip to the end] Federal Reserve Made Record Profit in 2009: Report Jan. 12 (Reuters) — The U.S. Federal Reserve made record profits in 2009 and will return $45 billion to the U.S. Treasury, after its efforts to prop up the economy created a windfall for the government, the Washington Post reported. [top]