Dub, Most of us understand that the "Fed" is privately owned by...

  1. 384 Posts.
    Dub,
    Most of us understand that the "Fed" is privately owned by a bunch of the super rich, mostly banking families and was set up on Jekyll island (seems to fit) in 1910 but one of the many questions I have involves the fact the Fed prints the money then lends it to the banks to distribute then they can lend 9/1 on it and charge interest on that, but lets get back to the first instance of the interest charged by the Fed on the money THEY print -- Who gets keep that interest???
    Surely not the super rich who conned the goverment into letting them own the printing presses in the first place.
    OK, it probably sounds silly and simplistic but at least I admit that I simply do not understand.
    If any one can explain it in simple "Forrest Gump" I for one would appreciate it.
    Forr-- err sorry

    falko
 
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