PSPINC CEO Kenichi Uchikura's Blog

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Blog Thread

Learn Something New Everyday

Learn Something New Everyday

Mar

29

1 tweet

I did not know FEDERAL RESERVE BANKS are not a part of the US Federal Government. That mans they are not owned by the people of the US.

According to WiKi ...
The Reserve Banks are not federal instrumentalities for purposes of the FTCA [the Federal Tort Claims Act], but are independent, privately owned and locally controlled corporations.

So, who owns it?

#Life #Politics #Society