Sorry Mike, but if your whole premise is that central bankers of the world are puppets of the five big banks and they in turn are run by David Eckes lizard aliens, there is not much to discuss.  The bulk of the Fed's profits are returned to the Treasury.  Each April they make annual reports to Congress on their profit in the marketplace and how much (insignificant) was distributed to the private members.
Either you're confused or I'm confused, or we both are.

if your whole premise is that central bankers of the world are puppets of the five big banks and they in turn are run by David Eckes lizard aliens, there is not much to discuss.

Er, where did I say that? I said that because private bankers can create money they have a strong profit motive to do so, regardless of what is good for the economy.

Central bankers today try and control that via interest rates, but interest rate adjustments only indirectly affect the demand side - and banks can use other tricks to make loans more attractive again to offset the higher rates.

Each April they make annual reports to Congress on their profit in the marketplace and how much (insignificant) was distributed to the private members.

Central bank profit has nothing to do with this. The large profits are being made by private banks who capture the seigniorage revenue.

"Sorry Mike, but if your whole premise is that central bankers of the world are puppets of the five big banks and they in turn are run by David Eckes lizard aliens, there is not much to discuss. "

What an asshole.  Someone offers a different view and you lump him in with David Icke [correct spelling BTW].  What kindergarten tactics...

==AC

LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Holy crap!!! I feel like I'm in fifth grade again...

You are either the pot or the kettle.

I meant to start that post out by asking "Who said this?" "The LOl ... Holy crap" line is from Angry Chimp who I thought showed no patience with a competing argument.
"So our money is not as ephemeral as this makes it sound. Those dollar bills are very real claims on someone's land. It's diffuse, so you can't say specifically which piece of which person's land, but collectively the money is backed in this way. The money doesn't just appear out of thin air the way the author describes it."

It was in response to this comment.

BTW

I like to be the kettle...

==AC