I don't know and given it controls our economy and banking system I would welcome some insight.
Already have at length. Would like others to do so. Stay informed.
The Federal Reserve Bank is nothing more than a community of the World's LARGEST banks and it's owners. That's 'who' sits on the board. Just because the U.S. assigns a Chairman doesn't make it a Federal Agency.
I have always thought the "Federal Reserve Bank" meant it was owned and operated by the Federal Government. However, as I grew older I learned that that wasn't true.
So, that should show the deceitfulness of the politicians who put the Federal Reserve Bank into actions to start off with. The secondary deceitfulness of the Federal Reserve Bank is the word reserve? This would be surplus, but if the government has to borrow money from the Federal Reserve Bank, how is it a surplus?
Just my thoughts on it.
Right on. We as American citizens are slaves to the debt we run up and the banks of the Federal Reserve loan the U.S. money and make interest off of it. Same in the European Union, where the Central Bank there forces countries to bail out the others in the Eurozone and lends the money. I heard yesterday that Italy has to loan euros to Spain at 3% but borrow it from the EU Central Bank at 7%. That is why they are collapsing.
by Wesman Todd Shaw6 years ago
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Centro banks are on top of the pyramids worldwide Corperationism. Rothschild's may own half of the World's wealth. Greed is the greatest cause of untouchable intractable genocide and theif in all of human history. Take...
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by rakuba7 years ago
Does Existence of the Federal Reserve Contradict Free Market?
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This guy is or was high up in the Fed. The fed is a PRIVATE bank, despite the lie on their website. The fed is owned by private stock and the US government owns none of that private stock. ...
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