By owning the Federal Reserve Bank, they can print as much money as they need to buy off anyone who isn't Jewish and stands in their way or has power over major sectors of our govt and society.
that's an odd and not very nuanced way of trying to direct attention to jewish over representation in the banking world. this is why we cannot have nice things.
More like the .09% of the 2% do
Idiot. The Federal Government owns the Fed. Go back under your rock.
The Federal Reserve is a private company: It is 'owned' by its owners! As the Fed controls the US money-system, then the Fed effectively controls the US government. The Fed should be nationalized. That is the ONLY way that the US can end its ever-increasing mountain of crippling debt. If the Fed isn't nationalized, then sometime soon those debts are going to drive the US economy into hyper-inflation. Americans - in truly unbelievable numbers - will be starving to death. There won't be much point to having the world's biggest military then! FEIVEL In an ideal world your answer would be correct: But this is not an ideal world! The US economy is sustained with warfare. The government has almost no say in whom they are told to elect to posts within the banking system. MOGOLLEN DUDE Watch the Zeitgeist presentation to learn how the US money-system became a private company.
Please Please Please tell me you are not a product of the American Education System. There are actually 12 different Federal Reserve Banks around the country, and they are owned by big private banks. But the banks don’t necessarily run the show. Nationally, the Federal Reserve System is led by a Board of Governors whose seven members are appointed by the president and confirmed by the Senate The stockholders in the 12 regional Federal Reserve Banks are the privately owned banks that fall under the Federal Reserve System. These include all national banks (chartered by the federal government) and those state-chartered banks that wish to join and meet certain requirements. About 38 percent of the nation’s more than 8,000 banks are members of the system, and thus own the Fed banks. The concept of ownership needs some explaining here, however. The member banks must by law invest 3 percent of their capital as stock in the Reserve Banks, and they cannot sell or trade their stock or even use that stock as collateral to borrow money. They do receive dividends of 6 percent per year from the Reserve Banks and get to elect each Reserve Bank’s board of directors. The private banks also have a voice in regulating the nation’s money supply and setting targets for short-term interest rates, but it’s a minority voice. Those decisions are made by the Federal Open Market Committee, which has a dozen voting members, only five of whom come from the banks. The remaining seven, a voting majority, are the Fed’s Board of Governors who, as mentioned, are appointed by the president. You cannot print as much money as you want or need and it does not stand in the way of the government. The government is the Federal Reserve as they actually call the shots of the President and senate via the board. I SO hope you are not the product of the American education system and if you are, please tell me you went to school in some place like Mississippi or Indiana
