system
Given the following post, respond as if you're commenting on Reddit:
human
Is my finance professor misleading me?

Hello, my new finance professor has been teaching us about how the Federal Reserve is screwing the government by forcing the government to pay interest on the money the government borrows. He believes the government should print money, therefore they wouldn't have to take on so much debt.

Is this true?
gpt
The government does pay interest to the fed, but this ignores the fact that the fed remits all its profits to the treasury. So the government pays say 500 million USD to the fed in interest (no idea the real number), and then the fed turns around and reports that as profit and gives it back to the government through the treasury. 

We could have the fed not charge the government any interest but this would merely change some numbers on a spreadsheet somewhere and wouldn't change anything about the government budget.

EDIT: What your prof. might be saying is that the fed should lower its interest rate target to 0% so that the government doesn't have to pay interest to other (non-fed) bond holders. This is correct in the sense that it would actually affect the government budget but is wrong in the sense that it would often lead to runaway inflation.