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The beginning of the article reads... "In a joint statement, the two governments affirmed that “no private entity can claim monetary power, which is inherent to
by Tylereves 7y ago
The beginning of the article reads... "In a joint statement, the two governments affirmed that “no private entity can claim monetary power, which is inherent to the sovereignty of nations”. Is this irony in the US that a private entity, the Federal Reserve, is in just such a position of monetary power. It's all smoke and vaping, chickens and eggs, hemp and da kine.
- taffer 7y agoAlthough the Federal Reserve formally is privately owned, it is a government entity. It was established through a law and is controlled by the Board of Governors, appointed by the US President and approved by the US Senate.