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The Federal Reserve was created by the government, https://en.wikipedia.org/wiki/Federal_Reserve_Act https://en.wikipedia.org/wiki/Federal_Reserve_Act , and the
by etaioinshrdlu 4y ago
The Federal Reserve was created by the government, https://en.wikipedia.org/wiki/Federal_Reserve_Act https://en.wikipedia.org/wiki/Federal_Reserve_Act
, and their leaders are nominated by the US President and confirmed by Congress.
However, it is supposed to be independent from the politicians on a day-to-day basis, and people seem to like it that way.
I believe you are somewhat wrong in stating the Fed is not government.
- citizenpaul 4y agoRead The Creature from Jekyll Island: A Second Look at the Federal Reserve. Might change your mind about what is arguably the most powerful institution in your life. Admittedly the title alone kind of tells you they have a bias. Edit: Why are you apologizing for people that do not care about you and also rule over your life?
- Smilliam 4y agoI'm not sure that a book by an infamous conspiracy theorist should be taken very seriously regarding "the most powerful institution in your life." As with many things (and conspiracies especially), there may be nuggets of truth buried between the lines, but you're guaranteed to come out of it covered in a lot of excrement.
- citizenpaul 4y agoYou are right not reading things and remaining ignorant is much better choice. Head meet sand. Honest question. Why do you think an organization that literally controls money would have the average persons interest in mind in any way whatsoever? Every other aspect of politics is corrupt to the core? Why would this be different?