The answer is revealed in the chart below, which appeared as part of Dylan Grice’s commentary in the March 13, 2013 edition of the Edelweiss Journal:
The chart shows the accumulated amount of U.S. government-issued debt for each quarter from 2009-Q1 through 2012-Q3. The Federal Reserve began accumulating U.S. government-issued debt once again in the fourth quarter of 2012 as part of its latest round of quantitative easing.
With the Fed having accumulated over half of all the U.S. government-issued debt during this time, has the federal government been running the Fed over the last four years or is it the other way around? And does that explain the U.S. Department of Justice’s curious lack of prosecutions for U.S. banks and other financial institutions?