[trenning]

Does that mean the fed is earning ~$50billion in interest a day?

That seems good for our national budget unless I'm misinterpreting it.

[protoax]

Where are you getting that figure from? 0.05% is $500m.

[skzv]

It's also annualized, so it's $500m over the entire year.

And it's interest earned by the banks, not the Fed.

[altspace]

No, Fed is Paying ~$1.37 Million in interest a day