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Comment by cheez | Hacker News Reader
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cheez
·
FED is a private bank?
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HelloBeautiful
·
Yes, just as Federal Express it's privately owned. US government has 20% of the shares. Until a 1976 change in Federal Reserve Act the list of owners was public:
http://www.bibliotecapleyades.net/sociopolitica/esp_sociopol...
cheez
·
Incestuous. This can't be real.
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