It is neither Federal, nor Reserve. It is a specially chartered PRIVATE BANK whose primary function is not to hold money in reserve...but to print it.
- The Fed is not truly a Government agency.
- No one knows exactly who owns the Fed.
- The Fed is a secretive financial institution which can not be audited by Congress, The President, or anyone with a paygrade below that of the Almighty.
There now, I'll bet you feel all better now, right? I know I do.
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