[Toddsterpatriot]

The Fed is private. The Fed is owned by the (foreign) banks. The Fed has no reserves. The Fed isn't part of the government. The Federal Reserve Act was voted on by 3 Senators when everyone else was out of town for Christmas. The Fed allows banks to create money out of thin air and charge us interest on it. The Fed prints our money and then charges us interest to use it.

Those are the main errors.

[SatinDoll]

THAT is exactly what I got from Bill Stills videos. Those are not main errors, on either his part or yours.

[statered]

The whole “ the fed is private” thing is pretty debatable in my mind. It is really not so clear cut. As to the reserves do we really have any idea what they are? Has anyone audited it and produced a balance sheet? If you can point me to one I’d really like to study it.