/biz/ - Business & Finance

>>51080441
You're right: In the USA the 12 Federal Reserve banks are privately owned by the banks in their district.

But in most of Europe, the central banks are state-owned.

Many US Court cases prove the 12 Federal Reserve banks are NOT government agencies!

>>49421821
Banks create ALL money, not SOME money. foo. I done lay down dee proof. You kain't refoot nuttin', so you try to dis and talk smack.

I already show dat the 12 Fed banks be private corporations with money creation powers.

Additionally, here be one of many US court rulings dat be talkin' det same troof.

>>49392841
I just posted a video of a Federal Reserve spokesman admitting that the 12 Federal Reserve banks are private, bank-owned corporations with money creation powers. See above! 49392840

And here's one of many court cases where US Courts ruled that the 12 Federal Reserve Banks are NOT agencies of the US Government.