[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?

[justshutupandtakeit]

When your officers are appointed by the President of the United States and all the profits go to the Federal treasury you are not a private corporation by any meaningful sense of the term.

Policies are set by the Federal REserve board put in place by the government and subject to that government. Stockholders do not profit from this corporation nor do they establish the policies.

Private banks are MEMBERS of the Federal Reserve system but do not control it. It is the other way around.

What does the government need shares for when it controls the corporation and receives ALL the profit? LoL.