Open menu Close menu Menu
Open charts menu Close charts menu Charts

Call us: 0121 634 8060, 7 days, 7am - 10pm

Free Insured Delivery

Ounce Gram
Gold £1465.71 £47.124
Silver £18.096 £0.5818

Updated 06:48 25/09/20

£ $

Who owns the Federal Reserve?


Duncan Richardson, News Editor
17 Nov 2015, 11:34 a.m.

Many believe the Federal Reserve is a United States government organisation, others believe it is owned by the Rothschild’s or even the Queen of England.

Although, the Fed is portrayed as a branch of the government in reality it’s as Federal as Federal express. The actual shareholders are private American Banks who receive a 6% annual dividend directly from the Fed. Which is not bad when savers are lucky to receive a 1% return on their deposits. According, to the Political Research Associates the top shareholders in the New York Fed are as follows:

Chase Manhattan Bank

Citibank

Morgan Guaranty Trust Company

Fleet Bank

Bankers Trust

Bank of New York

Marine Midland Bank

Summit Bank

View original source at: www.armstrongeconomics.com

comments powered by Disqus