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Jared · 03-31-2008, 05:13 PM

Chatting for nearly an hour with a Realtor friend of mine we seem to have a major disagreement about money in terms of who actually owns it.

Its my belief that the federal reserve is NOT a government agency even though its controlled in part by congress. Its my understanding of history that the federal reserve is no more federal government than federal express and in fact if the US Postal Office were to be handed over to private entities as once suggested you would have a clear picture of what the federal reserve is.

I pose this question then; Who owns the federal reserve?

~ Jared

03-31-2008, 05:13 PM	#1 (permalink)
Jared Status: Administrator Join Date: May 2006 Location: in a house Posts: 374	I love debates Chatting for nearly an hour with a Realtor friend of mine we seem to have a major disagreement about money in terms of who actually owns it. Its my belief that the federal reserve is NOT a government agency even though its controlled in part by congress. Its my understanding of history that the federal reserve is no more federal government than federal express and in fact if the US Postal Office were to be handed over to private entities as once suggested you would have a clear picture of what the federal reserve is. I pose this question then; Who owns the federal reserve? ~ Jared __________________ www.JaredRitchey.com Where I work Where I Rant