If you would ask any American citizen what the Federal Reserve is, he probably would tell you that it is a government agency that creates all of the money to run the United States. This, unfortunately, is the misconception most American have: that the Federal Reserve is a government agency, probably because the word “Federal” is used in its name. ... It is a private corporation controlled by the Bankers, and therefore it is operated for the financial gain of the Bankers over the people, rather than for the good of the people.
Federal Reserve central bank money manipulation private government USA economy