Well, if you take the US Supreme Court and representatives of the Federal Reserve System at their own words, the case is pretty clear: the member banks of the Federal Reserve System are private corporations / banks.
Posts Tagged ‘Central Banking’
Austrian central bank says gold audit is routine — and secret
Mai 28th, 2014
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The audit of its gold reserves vaulted at the Bank of England that last week was reported being planned by the Austrian central bank has been conducted and was part of a routine series of audits by the bank and its results will not be made public, a bank spokesman said today. The bank spokesman, […]
Money lies disguise banking truths
April 17th, 2013
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Economist Norbert Haering, discussing “the veil of deception over money“, argues that closely limited and clearly specified interests distort deliberately the true nature of banking. The vast majority of money in circulation, he says, isn’t issued by central banks but by private financial institutions.
