When we look up the dictionary, the word federal means" governmental' or "compromised of relatively independent colleges ".
There has been a lot of confusion, now with some bodies acknowledging that the Federal Reserve Bank of America is private, how could that be, when the president of America appoints the chairman of the Reserve Bank, discusses things in the congress, asks questions of the chairman.
Too many questions are surfacing, with large amount of money being printed, called as “helicopter drop" with no backing of gold reserves, now the slogans of occupiers sounding “End the Fed".
So is the Federal Reserve Bank of America, government or private?
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