Quote:
Originally Posted by editeur
Might it be the case that Federal Reserve Bank Of United States owns and regulates US Govt but not vice versa? Then it really would have both privatre and public components.
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If you borrow money from the bank to buy a car then yes the bank owns the car until you pay it off. The US government indirectly borrows it's money from the Fed so techincally yes the corporation AKA UNITED STATES OF AMERICA of which Obama is President is owned by the Fed.