The Fed prints money. What’s the point in auditing them?
“Hmmm…. we discovered there is a trillion dollars missing,” said Jim the auditor.
“Really? Well I was hoping to get an extra couple of trillion out into the economy, so that’s really good. Honestly, I was hoping we’d lose 3 trillion, but every trillion counts. Thanks, man”, replied Ben.
“But I think it’s a problem”, said Jim.
“Oh, I didn’t understand, Jim. Well, I suggest you take this to Congress. They’ll know what to do with it. Good to see you one last time, Jim”, said Ben, and shook Jim’s hand warmly, showing him out the door with a smile.
