The Path of the Principal

[hoarder]

Many of us have read material written about the Federal Reserve by Ed Griffin, Eustace Mullins, Ron Paul, Sue Peters, Tom Dilorenzo and others, none of which actually describe how the Fed is structured, where the money comes from and where it goes, nor give any accounting examples. Here a guy has been putting the pieces together into a short understandable page:

https://hblazer.substack.com/p/compr...tional-info-on

He chats with AI about the subject.

Since the Fed is an entity not subject to scrutiny or transparency, one has to wonder about the process of taking principal out of circulation when it's repaid. Does anyone here have any insights?