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The US Federal Reserve is Neither Federal Nor Does it Have Any Reserves
The US Federal Reserve is not federal, nor does it hold any reserves. This is one of the biggest fallacies propagated on the American public in it’s long and storied history. The fact that you can look up the US Federal Reserve in the phone book and you won’t find it under any government listings at all. It will be located in amongst the other privately owned and operated banks in existence. All these privately owned banking institutions are in business for a couple of reasons…to make as much money as possible for it’s shareholders, and to control the money production and distribution to it’s people.
Do the Centrally Controlled Banks Control the US Federal Reserve?There are basically two major players that control the majority of the money game. They are the called the Centrally Controlled Banks (CCB) and the US Federal Reserve. Centrally Controlled Banks are owned and operated by a very small number of families and individuals. And while you would think that with a name like the US Federal Reserve would have been created and controlled by an arm of the government, well you’d be sadly mistaken. It was never designed to be about the people nor was it for the people.