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<p>[QUOTE=&quot;fatima, post: 999091, member: 22143&quot;]This simply isn&#039;t true.&nbsp;&nbsp; The Federal Reserve is not a government agency and this is proved by the fact that it&#039;s employees are not considered, do not receive benifits from, nor are paid by the federal government. Nobody in the Federal Reserve reports to any elected government official and they are exempt from any federal oversight.&nbsp;&nbsp; Money issued by the Federal Reserve is a debt obligation between the holder and the Federal Reserve and not between the holder and the US Government.&nbsp;&nbsp; In fact if you hold a US Bank Note, Silver or Gold certificate, and forgetting it&#039;s numismatic value, if you want to redeem it, these days you have to take it to a Federal Reserve bank where it will be exchanged for FRNs.&nbsp; &nbsp; If you still don&#039;t believe this, then I recommend a reading of this subject from the Federal Reserve&#039;s own website.&nbsp; <a href="http://www.federalreserve.gov/generalinfo/faq/faqfrbanks.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.federalreserve.gov/generalinfo/faq/faqfrbanks.htm" rel="nofollow">http://www.federalreserve.gov/generalinfo/faq/faqfrbanks.htm</a></p><p><br /></p><p>Here they are asked the question.&nbsp; You can read the answer and judge for yourself.&nbsp; They have an interest in keep the relationship as vague as possible as people don&#039;t want to hear and have a difficult time accepting, that their money did not come from the US Government.</p><p><br /></p><p>As for AGEs and ASEs, as I said earlier, it&#039;s not clear where they stand.&nbsp; These are a class of coins that are not doled out to the public via the Federal Reserve system and thus, have not been given a direct monetary value.[/QUOTE]</p><p><br /></p>

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