1. Modernly, a loan and its interest rate is “Economics.”
  2. Further, buying shares in an offshore corporation is “Capitalism.”
  3. Next, borrowing at the Federal Reserve Bank requires printing “Fiat Currency.”
  4. The currency loaned is valued as the total loan (Fractional-reserve banking).
  5. The Treasury costs are the price of printing.
  6. The total loan (Fractional-reserve banking) minus Treasury costs is the Federal Reserve earnings.