The federal reserve is not a government entity. In fact, its ownership isn't even formally stated anywhere. Seriously, try to find out who actually runs it.
Iam honestly not sure what the point is, it is the government that at the very least allowed them to inflate our currency, and in either way it still needs to be abolished.
When I read the information on the Federal Reserve's own web site years ago, it stated that they pay a 6% dividend to shareholders.. Who those shareholders are? member banks.. who the member banks are? nothing
The shareholders can only be commercial banks (banks that accept deposits from the public and loan that money out). Nationally chartered banks are required to become shareholders, and must purchase a percentage of shares based on their own capital.
So the largest shareholders will generally be the largest U.S. commercial banks. Here's a list of all nationally chartered banks in the U.S:
This is all rather pointless to investigate, though, because nobody is getting rich quick by owning Federal Reserve stock. The dividend is minuscule compared to other sources of revenue, for both the Fed and the shareholders.
The federal reserve is not a government entity. In fact, its ownership isn't even formally stated anywhere. Seriously, try to find out who actually runs it.
The Bank of International Settlements.
Which is run by the Central Banks.
Which own the Bank of International Settlements.
Which controls all the Central Banks.
Which... well, you get the picture.
It's no more federal than Federal Express...
Suggest reading the “Creature from Jekyll Island “ about the birth of the fed.
The book is worth buying, but here's a link to a PDF of it: https://christianobserver.net/documents/creature-from-jekyll-island-by-edward-griffin.pdf
Oops, that PDF is just a lecture about the book by the author.
It's author, G. Edward Griffin, is the same person who interviewed Yuri Bezmenov.
Thank you for the PDF
Thanks so much!
Watch Europa on bitchute
And Ron Paul’s END THE FED
Way ahead of you, friendo!
Yes! I bought this for my kids, actually learned lot myself.
Iam honestly not sure what the point is, it is the government that at the very least allowed them to inflate our currency, and in either way it still needs to be abolished.
Well there's nothing to own, but it's very explicitly run by private entities. I guess the physical building is owned by the feds.
When I read the information on the Federal Reserve's own web site years ago, it stated that they pay a 6% dividend to shareholders.. Who those shareholders are? member banks.. who the member banks are? nothing
The shareholders can only be commercial banks (banks that accept deposits from the public and loan that money out). Nationally chartered banks are required to become shareholders, and must purchase a percentage of shares based on their own capital.
So the largest shareholders will generally be the largest U.S. commercial banks. Here's a list of all nationally chartered banks in the U.S:
https://www.occ.treas.gov/topics/charters-and-licensing/financial-institution-lists/national-by-name.pdf
This is all rather pointless to investigate, though, because nobody is getting rich quick by owning Federal Reserve stock. The dividend is minuscule compared to other sources of revenue, for both the Fed and the shareholders.
How is 6% considered chump change? I'm curious.
With the Board of Governors having 14-year terms, there's a p good likelihood that they're corrupt