Since the Federal Reserve is a privately owned corporation do you think they have ulterior motives?

Answer 1

Wow stephaniemarie, you may have finally asked an intelligent question.

Wonders never cease.

But your premises is not 100% correct. The Federal Reserve is a pseudo government organization. Meaning it is part government and part private corporation.

Unlike what most people believe, they have more control over the economy than the President does.

In fact, that is the whole purpose of the Fed, to stimulate and "cool down" the economy.

But to answer your question, I would say yes they do have ulterior motives.

That's what happens when you mix business and government. Nothing good can come from it. The government should not be not in the "business," pardon the pun, of manipulating the economy.

The Federal Reserve's existence and Federal Government's over taxation policy are the main reasons why your money is worth less and less every year, and destroys peoples' savings.

On average, inflation is 3% per year, most savings accounts, on average, for the past 10 years have not paid interest anywhere near that. Yet you still have to pay income tax on interest earned on savings and money market accounts.

So if your money is worth 3% less every year and you make on average 2% interest on your savings, but have to pay 28% of that in taxes, you loss 1.56% of your money's value every year.

But I am sure you actually think the Federal Reserve should be yet another Government agency, even though it pretty much already is.

Please show me in the Constitution where it says that the Federal Reserve should be created and where it says it should be part of the Federal Government.

Oh right, it's not there. In fact, I can show you in the Constitution where it says the government cannot create and run an organization called the Federal Reserve.

Read the 10th Amendment.

Answer 2

Only the branches have some semblance of ownership as the member banks are required to have shares. They can elect 6 of the 9 board members of their branch.

There is no mechanism or structure for private ownership of the Federal Reserve Board of Governors which is in charge of running the Federal Reserve System. They report to and are overseen by congress. (If you believe there is a way for someone to take legal title at this level, please cite a reliable source)

Would the Federal Reserve branches act in the interest of their member banks? Of course! In fact, in the 1920s, the branches showed remarkable indifference to the failure of smaller banks in their districts. After all, it was just less competition to the large banks dominating the board.

The branches being able to act relatively autonomously resulted in different monetary policy and practices between districts.
The Bank Act of 1935 changed that when it gave the Board of Governors far greater control over the activities of the branch activities. The board was charged with the mission and power to regulate the entire money supply and keep the system healthy.

Even though the Federal Reserve System was intended to be a quasi-inpendent government agency, it is still subject to politics. Congress constantly tweaks the system through various laws or threat of legislation. For instance, Greenspan originally supported the Bush tax cuts because of congressional pressure but has since repudiated that position.

Answer 3

confident, it bothers me very lots. do away with The Federal Reserve economic employer. resolve ninety% of the U. S. and the international issues. a million)FR prints and lend $a million to the gov at 10% interest fee 2) The gov has $ a million in hand yet owes $ a million.10, cycle keeps. 3) The gov has no earnings, that's why FR created the IRS to scouse borrow individuals money 4) our finished Federal Tax is going to pay what gov owes to FR. and that money end's up in Europe in some Elites bankers wallet. who insults our Constsitions like this. "provide me administration of a usa's money and that i care no longer who makes that's regulations" Mayer Amschel Buer Rothschild ( Freaking long call ! lol ) Rothschild family members Banker ; significant Stockholder interior the Federal Reserve. Regards.

Answer 4

when I went to school , history said that the original Rothschild said "I care not what a nations morals or standards are, give me control of their monetary system and I will bring them to their knees" 500 years ago, Who owns our monetary system now? "the federal reserve?" guess, the off spring of the original Rothschild who else? do I need to go farther? Look at where our nation is now

Answer 5

Yes, the North American Union, a union of Canada, the U.S. and Mexico into one large nation-state, essentially eliminating borders, with one currency. Reason: to counter the European Union's growth as a trading bloc.

Answer 6

No question about it. Their motives are to make as much money as they can and look good while doing it. Sort of like politicians and C.E.O.s.
But, if given a chance, so would i.

Answer 7

without question.

to establish the mark of the beast by subjecting
millions to economic and intellectual deprivation, for one.