---

Who Runs the Federal Reserve Might be Very Surprising to Most People Especially When They Learn the True Purpose is to Obtain Absolute Control Over Us.

---

Many people are under the impression that who runs the  Federal Reserve is the United States government. The “Federal” part of the name does sort of suggest that and the idea of a “Reserve” suggests safety.

If anyone starts to ask the question about who is running the Federal Reserve then it can begin to get a whole lot more confusing.

The Fed is actually a private monopoly; the Federal Reserve was set up in 1913 even though the founding fathers of America were completely against the idea of a central bank.

As a result of the recent financial crisis the Federal Reserve was ‘forced’ to sure up a number of large companies.

The most famous was in September 2008 when the Fed purchased an 80% stake in the worlds biggest insurance company, AIG.

This was publicly reported as being a government takeover, however it was different to any other normal nationalization.

It’s true that Freddie Mac and Fannie Mae were nationalized, but as the US Treasury itself took over these lenders it was different to AIG.

The Federal Reserve is completely private; another thing which was strange was the way the deal was financed.

The treasury issued US government bonds to allow the central bank to continue lending money in these uncertain times.

This is a little surprising considering the Fed was set up with the sole intention of being the lender of last resort to prevent a run on the banks.

---

---

What is the Fed?

The Fed is like the governments personal bank account, and it’s completely within its rights to print as much money as it sees fit.

Money is no longer backed on gold or anything of value; it’s simply a token with no real value.

The value of money is simply controlled by the amount of money that is currently in circulation.

In normal situations the Fed issues Federal Reserve notes and receives bonds.

These bonds are like IOU’s; this process is supposedly done to allow congress to borrow the money that it needs.

However now the government is issuing bonds to help out the Fed, rather than giving them to the fed.

Anyone that has ever tried to scratch the surface to find out who is in control and who runs the Federal Reserve will find that it’s actually very complicated.

How can a private organization print its own money and then lend it to the country, this money will ultimately have to be paid back in taxes.

---

The Official Story on who Runs the Federal Reserve

The official story goes along the lines that they are not private and they are not a profit generating organization.

They also say that they receive no funding from congress, but how much of that is really true?

The main purpose of the Fed is supposedly to look after the private banking sector.

In order to make that possible the Fed has managed to keep its monopoly on creating the money supply of the country.

All of the countries banknotes are created privately and issued as a debt to the Federal Reserve.

---

The Truth About who Runs the Federal Reserve

The Fed is a private organization, 100% of the shareholders of the Fed are private banks. None of the shares in the Fed are owned by the government.

It can still be confusing who runs the Federal Reserve, especially if you read the official spiel on the website.

The Fed is 100% privately owned, and even though it’s apparently not for profit it still manages to pay guaranteed 6% dividends to shareholders on top of any interest repayments.

Although we are told that the Federal Reserve receives no funding from congress it does so using open market operations.

If the government needs to borrow money then they will issue a bond to the Federal Reserve.

The Federal Reserve will then print money that it doesn’t already have and issue it to the government.

This simply means that the taxpayer will ultimately be responsible for paying back money that didn’t really exist plus interest to the Federal Reserve.

The Federal Reserve is a machine that can make money, if anyone else tried to print their own money at home then they would get locked up.

What’s more when the Federal Reserve prints more money this devalues the currency which can cause all sorts of problems.

---

---