Quote:
Originally Posted by aka123
There you have it. It is governmental institution that is linked to private sector with some "kinda" ownership.
"The Federal Reserve System has both private and public components, and was designed to serve the interests of both the general public and private bankers. The result is a structure that is considered unique among central banks."
http://en.wikipedia.org/wiki/Federal_Reserve_System
|
Wrong. It's aprivate bank and in fact the FED is the reason why America is in this terrible economic state. In fact... it is America's parasite and it will become America's end.