Quasi? Hmmm.... interesting word. Of course if you ask the Fed, specifically the Federal Reserve Bank of New York, which IS the central bank for the United States, their public relations department will admit that they are a privately owned institution and will even forward you a list of their stock holders. All of which are national banks chartered in NY state. It is the owners of these NY banks that are the true owners of the Fed.
The 12 regional Fed banks are actually private Delaware corporations.
The Federal Reserve BOARD is a quasi government agency, but it is NOT an actual government agency. It’s employees are not paid with government checks and it does NOT enjoy the immunity from law suits that agencies of the federal government enjoy.
If the Fed were, in fact, just another branch of government, then why would our government borrow trillions from itself and pay hundreds of billions per year in interest payments?
It’s not a branch of the government. It’s an institution of the state. The government is an instutution of the state, constitutional in this case, as is the Press. The Fed sort of manages something, which makes it sort of like government in that respect. That is why it is quasi. Quasi means sort of like.