The Federal Reserve is the Central Bank of the U.S. and was founded in 1913. They are a private corporation that is owned by the 12 Federal Reserve banks and those 12 banks are owned by private individuals and corporations. The controlling interests in those banks, especially the New York Federal Reserve, are mostly Europeans. This means that the money supply that controls the US. is controlled by the Europeans. The Federal Reserve makes money, pays dividends but pays no taxes.
Recently, the large Federal Reserve banks were investigated by the U.S., UK, Germany and China for manipulation of the LIBOR, Currency, Gold and Silver markets. They were indicted, pleaded guilty, found guilty and paid billions of dollars in fines in May 2015. However, little known is the fact that since 1913 they had stolen about $41.5 trillion. By their standards, “Crime does pay!” and very well.
To learn more, read all the details in my referenced book.[i] Or, visit my site www.ravengeopolnews.com. to find out more.
- [i] Joseph P. Hawranek, Ph.D., Who’s Next? Analysis of FED Plundering in Port Usury (NY). How Much Booty Is It? Part II: Federal Reserve Banks White Collar Crimes, Trafford Publishing, http://ravengeopolnews.com/ebooks, p.146.