Who of you guys knows who owns the federal reserve bank?
Who of you have ever read anything about it?
Who of you finds the US bank system kind of dangerous?
Question for all Americans!
by Realist 16 Replies latest jw friends
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animal
Why do you think some of us keep large amounts of cash in our house, and guns.
Animal
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Analysis
The Federal Reserve is owned by the member banks, however the US Government controls the operations of the Federal Reserve and appoints the Board Members. While they control the money they don’t actually print the money; the US Department of the Treasury prints it. The Federal Reserve controls the interest rates and can add or subtract the money supply by buying or selling bonds.
As too the US system being dangerous, what large country has a better solution or central bank? Germany’s Central Bank basically controls the EU, and they are not doing that well right now. And Japan’s system is a real joke. China just pegs their currency to the US Dollar.
Over the years the Federal Reserve has caused inflation and deflation by mistakes they have made. I don’t always feel they are doing the right thing with Interest Rates, but again who is doing a better job on a large scale?
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Mulan
Isn't it owned by very rich families..........Rothschilds, Rockefellers, Aldrich's, Morgans? I know it was founded by those men back in the early days of this century, on Jekyll Island, off of Georgia. Very scary.............name of the island seems to fit.
I know a bit about the Fed, but would have to read up again, to get my facts straight. It really has very little to do with the U.S. Federal Gov., if anything.
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Realist
mulan,
absolutely right!
analysis,
that is what the official feds webpage says! ;-)
you should do a more comprehensive research!
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Analysis
Who do you think owns the member banks? The very RICH people just a mulan said.
Again though what is the alternative?
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Guest 77
How about trying the Jesuits? The Black Pope? 13 European families?
Guest 77
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Guest 77
You may want to read. 'The Secrets of the Federal Reserve' by Eustace Mullins.
Guest 77
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Realist
guest77,
cool that you read that book! its fantastic!