few questions about the Federal Reserve

nivosh · 07-13-2009, 08:43 AM

Hi.

In the movies I saw (money masters, money as debt and so on)
they state that the federal reserve is a private bank and that it LOANS the money the the US government for interest.

But When i poke around the net (wikipedia and so on)
I see a different picture as in this link: http://answers.yahoo.com/question/in...1142045AAjANMu
and here: http://answers.yahoo.com/question/in...0184739AAM5DCc

So, Whats the truth?
Can someone with real economic background can answer about the claims in the movies? and give links to support it?

thanks

07-13-2009, 08:43 AM	#1
nivosh Avalon Senior Member Join Date: Sep 2008 Location: Israel Posts: 65	few questions about the Federal Reserve Hi. In the movies I saw (money masters, money as debt and so on) they state that the federal reserve is a private bank and that it LOANS the money the the US government for interest. But When i poke around the net (wikipedia and so on) I see a different picture as in this link: http://answers.yahoo.com/question/in...1142045AAjANMu and here: http://answers.yahoo.com/question/in...0184739AAM5DCc So, Whats the truth? Can someone with real economic background can answer about the claims in the movies? and give links to support it? thanks