Quote:
Originally Posted by DTK
The point is, a private, for-profit company controls the money supply here. They're not operating for the benefit of the people except when it coincides with the profitability of the owners of the fed. I've always thought you're a bright guy..do some research and see what you think  |
No you're mistaken on how the reserve system works. Quit drinking the kool-aid and do some research yourself, preferably on websites that don't have the word "conspiracy" in their name.
The chairman and board members of the reserve are appointed by the president and can be removed by the president for cause.
There's a very good reason elected officials don't have direct control over the reserve board.