End the Fed’s Big Bank Bailout – Before It Drains Your Wallet

No more bailouts for corrupt organizations

“The Federal Reserve pays both foreign and domestic banks to simply park their money... Over the past five years, the Fed’s big bank bailout amounts to over half a trillion dollars.” — Rand Paul

But his most useful warning for today might be even simpler.

The experts who built our current economic system focused on the intended consequences of their policies.

Pay big banks billions in Fed subsidies → stabilize the financial system.

Use Interest on Reserve Balances and related programs → keep markets functioning smoothly.

Expand these ongoing payments → support the banking sector.

They paid far less attention to the unintended consequences.

Because those consequences are what we’re living with right now.

Ongoing Fed bailouts for big banks—over half a trillion dollars in the last five years—that act as straight-up welfare to Wall Street, operate the Fed at a loss, and prevent profits from flowing back to taxpayers.

Distorted monetary policy that transfers wealth away from average Americans to th…