Trivium on Nostr: It's a simple question, with a convoluted answer, but YES, the federal Reserve is ...
It's a simple question, with a convoluted answer, but YES, the federal Reserve is technically a PRIVATE, CORPORATE entity. It's shares are "owned " by the 12 chartered Regional banks within the federal reserve system (according to the Fed itself). The question then arises as to who "owns" the regional banks...this is a much more gaurded secret.
According to a 2018 FOIA request by Chris Martenson (best I could find), JP Morgan and Chase bank control approximately 72% of the shares in the regional banks (combined).
I have more info if you are interested, but for the sake of brevity I'll stop here...
Here is a reference to a great book. Some of the names have changed, but I believe the structure is the same. Hope this helps.
Published at
2024-09-18 01:23:35Event JSON
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"content": "It's a simple question, with a convoluted answer, but YES, the federal Reserve is technically a PRIVATE, CORPORATE entity. It's shares are \"owned \" by the 12 chartered Regional banks within the federal reserve system (according to the Fed itself). The question then arises as to who \"owns\" the regional banks...this is a much more gaurded secret.\n\nAccording to a 2018 FOIA request by Chris Martenson (best I could find), JP Morgan and Chase bank control approximately 72% of the shares in the regional banks (combined). \n\nI have more info if you are interested, but for the sake of brevity I'll stop here...\n\nHere is a reference to a great book. Some of the names have changed, but I believe the structure is the same. Hope this helps.\n\n\nhttps://m.primal.net/KtPs.jpg\n",
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