That depends on the federal reserve bank (percentage of foreign ownership)
My point is that federal reserve Banks are NOT FEDERAL AT ALL.. but of private ownership.. Whoever owns the federal reserve OWNS America..
Thats why Central Banking Systems were fought tooth and nail most of this countrys history..
"As you know, I am entirely sympathetic with the objectives of your Monetary Reform Act...You deserve a great deal of credit for carrying through so thoroughly on your own conception I am impressed by your persistence and attention to detail in your successive revisions... Best wishes. Milton Friedman," Nobel Laureate in Economics; Senior Fellow, Hoover Institution on War, Revolution and Peace -- http://www.themoneymasters.com/reviews.htm
The Money Masters - Part 1 of 2 -- 1 hr 43 min
The Money Masters - Part 2 of 2 -- 1 hr 46 min
You're right. Henry Waxman and Ted Kennedy don't get to tell the Fed where to set interest rates or how fast to grow the money supply. How will our Republic survive?
Whoever owns the federal reserve OWNS America..
Oh please. The "owners" of the Federal Reserve don't get to vote on the Fed Funds Rate. They don't get to vote on the growth of the money supply. They don't get to keep the "profits" of the Fed. How exactly do they "OWN America"?