Two points. First, it's not "imagination". Second, it's very fundamental to the picture.
The Fed is simply a "pipeline" from the Primary Dealers to the U.S. government. The only thing that you could debate is the fact that a President "nominates" a Federal Reserve Board member once every even-numbered year to serve 14-year term. Past that, you're out of debating points.
Two points. First, it's not "imagination". Second, it's very fundamental to the picture.
You'd think that those all powerful Primary Dealers would be booking some huge profits these last few years. Hell, if I controlled the Fed, I know I would.
The Fed is simply a "pipeline" from the Primary Dealers to the U.S. government.
Still don't see any proof of control.
Hey, weren't Bear Stearns and Lehman Brothers primary dealers? LOL!
Past that, you're out of debating points.
Your fevered imaginings about Primary Dealers don't rise to the level of debate. It's all about poking fun.