Federal Reserve Interest on Excess Reserves (IOER) vs The Leviticus 25 Plan

The U.S. Federal Reserve pays banks on the required and excess reserves they hold on deposit. The Fed is currently holding $3.262 trillion in the cash reserves.

And it is currently paying 4.40% in interest on that $3.261 trillion…

The current total annual interest payments to banks, therefore, come in at a cool $81.525 billion. And, it would be safe to assume that many or all of the ‘Systemically Important Banks’ listed below (foreign and domestic) are partakers of those generous Fed IOER payments:

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Fed IOER payments were initiated in October 2008, “primarily to maintain control over the federal funds rate and facilitate credit market interventions during the financial crisis.”

This monetary tool does nothing, however, to reduce the soaring annual Federal budget deficits, nor does it do anything to insulate hard-working, tax-paying U.S. citizens from the catastrophic effects of future ‘financial crises’ – which are all but inevitable with with America’s snowballing public and private debt burdens.

The Leviticus 25 Plan corrects these imbalances – generating federal budget surpluses and financial security for millions of American families.

The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens.  It is a comprehensive plan with long-term economic and social benefits for citizens and government.

The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$90,000 per U.S. citizen – Leviticus 25 Plan 2026 (26809 downloads )

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