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The Federal Reserve

lyzardking · 2011-03-05 03:14:48

Is the Federal reserve really Federal?? and does it have any reserves?? Is is or not a privately owned and controlled institution? I have heard so many contradictory versions of this argument.

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05-03-2011 4:14am

#1
lyzardking

Registered Users Posts: 13 ✭

Join Date: July 2008

Posts: 4
Is the Federal reserve really Federal?? and does it have any reserves??

Is is or not a privately owned and controlled institution?

I have heard so many contradictory versions of this argument.

Tagged:

banks

interest rates

money creation

fed

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#2 05-03-2011 4:27am
kumate_champ07

Closed Accounts Posts: 7,150 ✭✭✭

Join Date: April 2009

Posts: 6772

its empty but nobody is gonna challenge it, maybe China in a few years

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