USA's "Central Bank" is the Federal Reserve. Who really owns it?
- the most powerful economic decision-maker in the world
- is not a company
- is not a federal agency in any way
- is not accountable to either shareholders or American voters.
Timecodes
- 0:00 Introduction
- 0:55 Opposition to central banking
- 5:33 Creation of the Federal Reserve
- 6:30 Control and accountability of the Federal Reserve
- 7:32 The Federal Reserve's monetary policy and the FOMC
- 12:33 Organizational structure
- 14:06 The Federal Reserve's balance sheet and interest rates
- 15:48 Can Congress end the Federal Reserve?
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