The Fed won't tell you who owns it. That is confidential. Got to love that Federal government oversight. [/quote]StCapps wrote:lakepsailor wrote:If the shareholders are private entities and not the US government then it doesn't matter if the government set up the structure and appoints key members, it's still privately owned. The Post Office is publicly owned unlike the Fed so the comparison is ridiculous. If you think the US government owns the Federal Reserve just because it created it than you are the ignorant one.StCapps wrote:
Really, and precisely who are these shareholders you refer to? Funny but I didn't see any stock ticker symbol for the Fed.
Ahhh... so it's a SECRET.