Search SEARCH

How many of you know that the FED ( Federal Reserve Bank) is not part of the federal government?

Do you know that when they print money bills of lets say 1 billion, they actually charge the government of the same amount?

Asked By: Hatim T - 8/25/2007
Best Answer - Chosen by Asker
Nine answers and most including the original person who asked the question are fooled by an idiotic conspiracy theory... More
Answered By: NGC6205 - 8/25/2007
Additional Answers (9)
It is a quasi-government agency composed of private banks that have the authority from Congress to regulate the money supply of the United States.
Answered By: Ryan - 8/25/2007
 
Yep, and interest. They are not federal at all as that implies they are part of the government. They are private and regulate our money's worth by printing more or less as they see fit.
Answered By: Corky - 8/25/2007
 
Oh i knew that! and im not even american...lol there was a documentary on discovery about a month ago on it! and i thought they chrged them more? because then to pay that off they have to borrow more, and so on, so the government is always controlled by the banks! lol
Answered By: sunshine_dasies - 8/25/2007
 
The Federal Reserve does not print money. That is done by the Bureau of Engraving and Printing, which is part of the Treasury Department.
Source(s):
Answered By: forjj - 8/25/2007
 
The Federal Reserve Bank is privately owned they regulate the money for the United States they do charge the US for this service The US is normally still in Debt to said banks... More
Answered By: ASmiles1 - 8/25/2007
 
I knew that. Here is a good video that explains it more. http://video.google.com/videoplay?docid=-466210540567002553&q=Money+banking&total=4819&start=0&num=10&so=0&type=search&plindex=0
Answered By: Criket - 8/25/2007
 
Other than allow a lot of payroll padding what is the point. How does this effect the common person. I used to love hearing about what Greenspan had done with the Federal Reserve had done from Andres Mitchell on the Television. Real objectivity, she's his wife.
Answered By: Vampire 13R - 8/25/2007
 
They are as much "federal" as federal express. What a joke
Answered By: Dogsnoop - 8/25/2007
 
the Fed is a private organization,.....it is not federal,.....
Answered By: rogueriverbob - 8/25/2007
 
Sponsored results
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Jobs.Quick-com
Complete OFCCP compliance that actually helps you recruit.
divercityassured.com
Click. Search. Apply. Free!
www.JobDiagnosis.com
Get Your Degree Online Sooner than You Think. Financial Aid Options
Degree-Accredited.com/Degree

Other Career Questions

What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
3 answers - Asked By: drop pants not bombs!.♥ - 3/2/2010
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
4 answers - Asked By: bayebd24【ツ】 - 11/21/2007
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
1 answers - Asked By: roseparkerly - 1/26/2009

Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.

Popular Articles

Best-Paying Work-from-Home Jobs Article Rating
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook Article Rating
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.1.40.24-314
eTrustLogo