14 lines
1.3 KiB
JSON
14 lines
1.3 KiB
JSON
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{
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"HubID": "5291",
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"Date": "6/16/2025",
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"HubTags": [
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"External Platform Posts",
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"Future Map"
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],
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"Contacts": "",
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"Companies": "",
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"File": "",
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"Image": "5291__Image_URL.jpg",
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"Summary": "<p>It’s honestly wild how much money the federal government pours into countless programs and initiatives—especially into what I think of as the major industrial complexes of the U.S.: defense, intelligence, pharma, food, ag, banks, and more. A huge chunk of it ends up being a transfer of wealth from taxpayers, and at this point, just adds to our national debt. Here’s one small example that props up financial institution profits. The Fed uses it as a monetary policy tool—paying interest to banks on the reserves they hold. I looked into it, and while it is a tool for managing rates, there are apparently other ways to accomplish the same thing. This fact sheet was put together by a senator and is making the rounds in D.C., urging the repeal of those interest payments to banks. Honestly, it sounds like a smart move—but we’ll see if it actually passes or if the bank lobby kills it. Side note: I find it kind of hilarious that they’re using printed fact sheets like this in 2025. Don’t we have email and internal message boards for this stuff?<span></span></p>",
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"Notes": ""
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}
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