Comments for A Lesson on the Federal Reserve Board and the Deficit at http://www.cepr.net , comment 1 to 2 out of 2 comments http://www.cepr.net Mon, 20 May 2013 15:20:31 +0100 FeedCreator 1.7.3 http://www.cepr.net/index.php/blogs/cepr-blog/a-lesson-on-the-federal-reserve-board-and-the-deficit#comment-9486 Don't forget to subtract the interest the Fed pays on reserves. And that interest bill will increase as the Fed raises the Fed funds rate over the same time period. - axiom Tue, 21 Jun 2011 16:35:55 +0100 http://www.cepr.net/index.php/blogs/cepr-blog/a-lesson-on-the-federal-reserve-board-and-the-deficit#comment-9477 If you are going to "teach people about the Federal Reserve Board", you should at least get your facts straight. The Fed is not part of the US gov't, it is a private entity. Its stock is held by the federally chartered banks it supervises as well as by LARGE FOREIGN BANKS. That means that these foreign banks would not look kindly upon their interest payments being withheld for ten years. It also means that US monetary policy is strongly influenced by foreign interests, which just may have their own best interests in mind instead of the American peoples'. Please try writing something more factual, accurate, and useful in the future. - Don McGill Tue, 21 Jun 2011 06:05:16 +0100