/biz/ - Business & Finance

Anonymous Wed Aug 19 09:30:34 2020 No.21625661 [View]
File: 42 KB, 902x636, Screenshot_2020-08-19 Your title - 34.png [View same] [iqdb] [saucenao] [google]

>>21625458
https://d-nb.info/1138787981/34

The Fed website tries to obfuscate it, but this is how it works. They don't get a profit, but they get influence over the regional Fed boards through their shares in that regional fed. If you really care, call up any econ/finance professor and ask. They don't get dividends from their shares or anything, it's just about boards.

Crypto retards think that it's privately owned in the same way that exxon mobile is privately owned, which isn't accurate.

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