I'm going there for a field trip in Chicago but what's so special about it? Before I do though, I need to have some background knowledge. Thanks for your help.
They are not a governmental institution. They are a cartel (they prefer a consortium" of the uber wealthy. It is essentiall a "privitization" of our money to the very rich. All the interest is given to private individuals, instead of to the government, if the government loaned the money. The Fed was formed to keep our economy and money supply stable. Ask why they shouldn't be fired since they failed miserably on both accounts.
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