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<p>[QUOTE=&quot;medoraman, post: 1855887, member: 26302&quot;]So I hear this &quot;owned&quot; term about the Fed a lot. What exactly is meant by that? Do they get to govern how the Fed is run? No, that is done by US appointed officials. Ok, so if they &quot;own&quot; it it must mean they get the profits? No, banks get a modest return relational to funds deposited there. All other profits of the Fed get deposited every year into the US treasury.</p><p><br /></p><p>So, please elaborate how the Fed is &quot;owned&quot; by banks and foreigners. I would love to hear it, since all traditional examples of ownership are visibly absent.[/QUOTE]</p><p><br /></p>

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