The Mystery of the Federal Reserve

[Faiza]

Jerry Robinson reveals the mystery of the Federal Reserve bank. Is it a government entity? Does it actually hold monetary reserves for the United States? Who owns the Federal Reserve? And, what exactly is it?

All this and more answered in this short video segment. Learn more at http://www.ftmdaily.com

https://www.facebook.com/video.php?v=632783726766996

 

[TONIC]

Mystery is that it's a central bank of USA which is privately owned....lol

 

[Keepinformed]

This is BEYOND the non sense freemason crap that is posted across the internet.

[h=1]Who owns the Federal Reserve?[/h]The Federal Reserve System fulfills its public mission as an independent entity within government. It is not "owned" by anyone and is not a private, profit-making institution.
As the nation's central bank, the Federal Reserve derives its authority from the Congress of the United States. It is considered an independent central bank because its monetary policy decisions do not have to be approved by the President or anyone else in the executive or legislative branches of government, it does not receive funding appropriated by the Congress, and the terms of the members of the Board of Governors span multiple presidential and congressional terms.
However, the Federal Reserve is subject to oversight by the Congress, which often reviews the Federal Reserve's activities and can alter its responsibilities by statute. Therefore, the Federal Reserve can be more accurately described as "independent within the government" rather than "independent of government."
The 12 regional Federal Reserve Banks, which were established by the Congress as the operating arms of the nation's central banking system, are organized similarly to private corporations--possibly leading to some confusion about "ownership." For example, the Reserve Banks issue shares of stock to member banks. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. The stock may not be sold, traded, or pledged as security for a loan; dividends are, by law, 6 percent per year.

http://www.federalreserve.gov/faqs/about_14986.htm

 

[mrk123]

Federal Reserve may be a manipulative financial institution whose role may not be very clear or obvious to many but why do I have to listen to a nutter? Self proclaimed economic experts!

About Jerry Robinson

Jerry Robinson is an economist, published author, columnist, international conference speaker, and the editor of the financial website, FTMDaily.com. In addition, Robinson hosts a weekly radio program entitled Follow the Money Weekly, an hour long radio show dedicated to deciphering the week's economic news. Robinson has appeared on numerous TV and radio programs, including FoxNews, to discuss global economic topics. Robinson is also the best-selling author of the book, "Bankruptcy Of Our Nation: 12 Key Strategies For Protecting Your Finances In These Uncertain Times." (New Leaf Press, 2009) Recently, Robinson has been quoted by USA Today and other news agencies on the topic of the economy, and his columns have appeared in numerous print and web publications, including WorldNetDaily.com. Robinson has spoken on the topics of money and economics around the globe, including the United States, Israel, and Greece. He holds a Bachelor's degree in Economics with Honors from the University of Tulsa. He has taught a course in macroeconomics at the college level. In addition, Robinson is also the Editor-in-Chief of the popular economic newsletter,

 

[Niazi Hawk]

Mystery is that it's a central bank of USA which is privately owned....lol

all central banks are private...............just like state bank of pak or federal bank of america

 

[جمہور پسند]

Federal Reserves is the US central bank , like State Bank of Pakistan....

Federal Reserve is not Private, as its chairman is appointed by the US president with congress approval......its better to call it an autonomous organization rather than private...

How can a US president nominate a private owned institution head?...

 

[A.Ali.T]

Federal Reserves is the US central bank , like State Bank of Pakistan....

Federal Reserve is not Private, as its chairman is appointed by the US president with congress approval......its better to call it an autonomous organization rather than private...

How can a US president nominate a private owned institution head?...

Federal Reserve is privately owned by twelve different banks; only three of these banks are American banks rest are all foreign banks. Don't be fooled by the word "Federal". It is just as govt owned as Federal Express.

 

[جمہور پسند]

Federal Reserve is privately owned by twelve different banks; only three of these banks are American banks rest are all foreign banks. Don't be fooled by the word "Federal". It is just as govt owned as Federal Express.

How the hell can a private company have a .gov domain in the USA.... www.federalreserve.gov/‎


It is govt owned but autonomous..not private...every Federal reserve employee is the Federal govt employee in the US... Go and ask and check...

 

[TONIC]

all central banks are private...............just like state bank of pak or federal bank of america

Not all central banks. Certain countries are having private bank specially those countries where you will find Zionist lobby.

 

[Niazi Hawk]

Not all central banks. Certain countries are having private bank specially those countries where you will find Zionist lobby.

all capitalist where captialism is practised are having central banks are private.........story is different when it comes to communism dominated countries like china,north korea or cuba

 

[TONIC]

all capitalist where captialism is practised are having central banks are private.........story is different when it comes to communism dominated countries like china,north korea or cuba

Now you are talking, I totally accept your statement but I don't accept that capitalism is practiced any where as USA also has many institutions which are owned by Govt.

System of Central Govt have failed miserably & very soon we will se collapse of Petro Dollar, problem is we are & I think no one is really prepared for it's collapse.

 

[AsifAmeer]

This post alone has more wisdom and truth that the whole thread combined.

And for the rednecks, here's more to mess with your mind. The Federal Reserve does hold reserves (bank reserves) and is considered to be a BAD thing. Yup... Banks parking deposit at the FED is bad for the economy and the money velocity.

How the hell can a private company have a .gov domain in the USA.... www.federalreserve.gov/‎


It is govt owned but autonomous..not private...every Federal reserve employee is the Federal govt employee in the US... Go and ask and check...

 

[A.Ali.T]

How the hell can a private company have a .gov domain in the USA.... www.federalreserve.gov/‎


It is govt owned but autonomous..not private...every Federal reserve employee is the Federal govt employee in the US... Go and ask and check...

Please let me know if you need more proof.


http://www.globalresearch.ca/who-owns-the-federal-reserve/10489

http://www.factcheck.org/2008/03/federal-reserve-bank-ownership/

http://theeconomiccollapseblog.com/...merican-should-know-about-the-federal-reserve

http://theunjustmedia.com/Banking & Federal Reserve/The Federal Reserve is Privately owned.htm

 

[A.Ali.T]

This post alone has more wisdom and truth that the whole thread combined.

And for the rednecks, here's more to mess with your mind. The Federal Reserve does hold reserves (bank reserves) and is considered to be a BAD thing. Yup... Banks parking deposit at the FED is bad for the economy and the money velocity.

Asif I thought you new better than that, please read the book "The Creature from Jekyll Island" by G Edward Griffin.

 

[AsifAmeer]

The best book you can read on the Fed is called the Z1 Flow of Funds statement released every quarter and match that trend with the Federal deficit.

All I am saying is it would have been nice if FED was actually this "mysterious creature of the Jekyll Island". It wouldnt have bailed out LTCM in 98, nor would it have facilitated crooked standards for mortgage apps in the 2000s along with its securitization. If the fed was truly independent, it would have RAISED rates to curb the federal deficit.

Let me know you 1 Q to make my point more clear. If they FED is truly independent and has its own financial incentives, why doesnt it raise interest rates? After all, isnt that the primary way for a bank to earn income? Why is the ZIRP policy in place?

Asif I thought you new better than that, please read the book "The Creature from Jekyll Island" by G Edward Griffin.