The "Federal Reserve" is not a government entity is it? I thought it was a priva... | Hacker News

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calebm 72 days ago | parent | context | favorite | on: "Ensuring Accountability for All Agencies" – Execu...

The "Federal Reserve" is not a government entity is it? I thought it was a private banking cartel?

bluGill 72 days ago [–]

NO and yes. The federal reserve is complex, technically a private banking cartel, but there is a lot of government control over it.

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