[justshutupandtakeit]

The Bank of the United States was not a private bank but a private/public bank neither it nor the Fed was/is unconstitutional. Read Hamilton's essay on the Contitutionality of the National Bank to understand why.

Nor can it be said that the Fed is truly private. It's officers are appointed by Congress and its profits go to the Treasury. So it is in no way private.

We had national debt before the Fed and Hamilton again explains why.

[jd777]

So it is in no way private.

The world's central banks are private corporations. If the fed is public/private (whatever that means)then why did the united states government not recieve a single share in the federal reserve bank?