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Is the federal reserve a government agency?

171 votes

Asked over 10 years ago by userpic Troy
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4765 5 profile 410398
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idk we didint talk about this last year and im only 13 so i cant vote our teacher did a shitty job at teachin us about the government last year
over 10 years ago
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4669 17 profile 468767
well the answer is no it's not. Our money is issued and controlled by a PRIVATE centralized bank. Which is NOT what our founding fathers wanted for this country.... Thanks Hoover 😐
over 10 years ago
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4765 5 profile 410398
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@Troy. I guess i learned somethin new
over 10 years ago
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4295 17 profile 11878
Not quite right, also it has nothing to do with hoover, but with wilson. While the federal reserve is privately owned, it is controlled by a chairman appointed by the president and only has any influence due to having a government granted monopoly on currency
over 10 years ago
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4669 17 profile 468767
yeah your right I was mistaken
over 10 years ago
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4744 19 profile 560804
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I knew this and I' m not American..-.-"
over 10 years ago
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5113 17 441824597 profile 1050176 0
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I love that it says "your ignorant" when "you're" is the non-ignorant spelling
over 9 years ago
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