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Reader comment on:
Who Controls the Federal Reserve?

Submitted by L Ives, Mar 19, 2008 13:21

The owners of the Federal Reserve controls the Fed. The are not public but a group of private individuals/ large banking conserns.

The Federal Reserve is NOT a government agency but a private for profit bank. The Federal government only recommends the chairman.

The US constitution states that Congress should have control over the US money supply not a private bank which from it beginning in 1913 has debased the US currency the dollar so that now it is worht less than 95% of its value in 1913.

That devaluation is inflation.


Note: Comments are screened, and in some cases edited, before posting. We reserve the right to reject anything we find objectionable.

Other reader comments on this article

Comment By Date

The Fed is a private banking cartel.. It is so easy to get the history on it now. They don't... [MORE]

Darryl

Mar 19, 2008 15:14

The Fed has lost control. It appears to be in charge but the markets rule and old ben knows it.... [MORE]

chuck

Mar 22, 2008 19:04

The owners of the Federal Reserve controls the Fed. The are not public but a group of private individuals/ large...

L Ives

Mar 19, 2008 13:21

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