Do you believe our central bank (the Federal Reserve) is a private owned entity or a government owned entity?
It is privately owned... divvied up into 300 shares not traded or sold but owned for the most part by a conglomerate of New York City based banking houses and sparsely by member banks[ a lot like a boss giving his employees company stock so that they have a financial reason to help the company advance].
The Federal Reserve Act was written by Paul Warburg who was with the Kuhn Loeb Brothers bank out of Berlin... The same bank that funded Lenin and his Bolsheviks. Since its inception... inflation has deflated the purchasing power of our currency by estimates of 95-98% [why our grandparents earned so much less than we do] Contrasted with gold... it has held its general value by volume for thousands of years... once the dollar's gold standard was tooled around with... the currency began its fall in value. Franklin Roosevelt confiscated most of the privately held gold in 1933 ... robbing Americans of the opportunity to compete privately with the Federal Reserve and allowing the Federal Reserve to begin to drop the gold standard from its dollar bill. The gold was valued at $25 per ounce when confiscated... in less than a months time the value of gold exploded to $33 per ounce... now gold brings $900-$1000 per ounce. Our Federal Reserve Act was written by the same bankers that oversaw the massive inflation in Germany during the Weimar Republic. Their currency inflated so massively that wheelbarrels full of marks were taken to market to purchase their daily foodstuffs. Their currency fell so far that millions of marks were needed to purchase the same goods that ONE mark would have bought ten years prior.
The bottom line is that we were intentionally fooled by the bought and paid for media into thinking that the Federal Reserve was a branch of our government. That the ebb and flow of the business cycle was naturally occurring... as if human production was cyclical... that we collectively became bummed out every 30 years.
No... the Federal Reserve is not a part of our government... it is not even constitutionally valid... and it sure as hell isn't condusive to the well-being of the citizenry it looms over.
The good news is that as more people learn about the Federal Reserve... Ron Paul's bill to audit it... a good first step before its dismantling... receives public attention that the Federal Reserve never had before. It is drawing the scrutiny of the people at long last... and the Senate's effort to block the audit will fail along with the careers of most senators.
geez... a public education isn't what it used to be.
Government owned, of course. It is, after all, the 'Federal Reserve.'
Most people think it is government run but it is private