What If the Dollar Falls?

Legal cases involving the Federal Reserve Banks have concluded that they are "private", but can be held or deemed as "governmental" depending on the particular law at issue. In United States Shipping Board Emergency Fleet Corporation v. Western Union Telegraph Co.,[5] the U.S. Supreme Court stated, "Instrumentalities like the national banks or the federal reserve banks, in which there are private interests, are not departments of the government. They are private corporations in which the government has an interest."

https://en.wikipedia.org/wiki/Federal_Reserve_Bank#Legal_status

textbook fascism.
:magagrin:

False authority fallacy. You should know by now that Wikipedia is not a valid reference. Their articles are too often incomplete, badly worded, or just plain wrong.
The Federal Reserve is a government agency. There are no shares. It is not private. It is a government agency, created by Congress and managed by a board of directors nominated and approved by the government.
 
Because truth doesn't matter to you. I know that about you. I don't think you're Chinese though...Russian? No, not Russian. Ukrainian? Yeah! That's the ticket. Well, not really. Low level American political operative? Yep. That's you.

Omniscience fallacy.
 
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