The Federal Reserve is not our friend

[g5000]

Of course it's owned by the government. They created it.
They appoint the leader, and they get all the profits (back when they made profits).
They tell it what it can and can't do.
And they could eliminate it tomorrow.

No one tells the Fed what they can and can't do. And this really pisses off Trump who wanted negative interest rates.

This is exactly why we don't want politicians getting their hands on the monetary printing press.

If we had negative interest rates when Trump wanted them, the resulting inflation would have been twice as bad.

There is literally nothing in which Trump isn't a total idiot. Except for hoaxing rubes and telling them what they want to hear.

The federal government does not own the banks which make up the Federal Reserve.

Sorry!

 

[The Irish Ram]

Who owns the Federal Reserve?

The Federal Reserve System is not "owned" by anyone. The Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank. The Board of Governors in Washington, D.C., is an agency of the federal government and reports to and is directly accountable to the Congress.

Who owns the Federal Reserve?

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

The Federal Reserve is a corporation. It is NOT our government's corporation. We have a chair to work with the Central Bank/Federal Reserve. Powell holds that job right now. The corporate leaders tell Powell what to do. Then he tells us.
The next time you see Powell on the news, deciding our interest rate, ask yourself who gives him the right to manipulate our economy.

We don't need the Federal Reserve. They do nothing in our best interest. They create inflation or depression at will, they have manipulated our currency to create epic debt held by them. We struggle to pay just the interest on it. They own us, and they are not our friend.

 

[Toddsterpatriot]

No one tells the Fed what they can and can't do. And this really pisses off Trump who wanted negative interest rates.

This is exactly why we don't want politicians getting their hands on the monetary printing press.

If we had negative interest rates when Trump wanted them, the resulting inflation would have been twice as bad.

There is literally nothing in which Trump isn't a total idiot. Except for hoaxing rubes and telling them what they want to hear.

The federal government does not own the banks which make up the Federal Reserve.

Sorry!

No one tells the Fed what they can and can't do.

What is the mandate of the Federal Reserve?

 

[sparky]

No one tells the Fed what they can and can't do.

Exactly the problem g5

~S~

 

[Toddsterpatriot]

Exactly the problem g5

~S~

What is the mandate of the Federal Reserve?

 

[JWBooth]

He left out the Titanic too.

There's a conspiracy that JP Morgan and Astor were going to try to talk about the creation of the Fed but at the last moment Morgan decided not to take the trip on the Titanic. Astor and a few others against the creation of the Fed were killed

Found it.

 

[CrusaderFrank]