Which Central Banks are PRIVATE ???

Quote from Tresor:

Hello Batman28,

I am trying to help my girl-friend to devise her MA thesis. She studies economy.

After I watched the movie that I posted in my first message I just thought that she could impress her professors with something like this: "State-owned private banks (cases: BundesBank of National Bank of XYZ contry) are contibuting better / worse than privately held central banks (cases: FED, Bank of ZYX country) to contry's economy''.

I suspect her professors do not even realize that there are such entities as privately-owned central banks :D

That is why I need some clever guys like you to tell me if there are more privately-held central banks in the world, so that she could show not only US based case.

Thank you

she should investigate how they replaced definition of inflation in economics books over the past 50 years from CONTROL OF MONEY SUPPLY (PRINTING MONEY) to a phenamina of rising prices! go ask any young economist and they'll tell you rising prices without any clue how credit/money supply actually effects prices.. maybe she can start with King George III

but becareful she'll either get a perfect mark or disappear mysteriously..
 
Quote from forextrades:

I'm sure the professor is aware of the theory that the FED is privately owned. Unfortunately, with no way to prove it, how do you cite your sources?


I come from ex communist country. Please be assured that the professors here do not speak English and have no idea that FED is privately owned. They will be as shocked at this news as I was a few days ago when I first heard about it.

Regards
 
Quote from Batman28:

she should investigate how they replaced definition of inflation in economics books over the past 50 years from CONTROL OF MONEY SUPPLY (PRINTING MONEY) to a phenamina of rising prices! go ask any young economist and they'll tell you rising prices without any clue how credit/money supply actually effects prices.. maybe she can start with King George III

but becareful she'll either get a perfect mark or disappear mysteriously..

Hello Batman28,

Thanks for the advise. While making some research over the internet during the past few days I was shocked by some old-school economists claiming the inflation is rather money-supply related. It is contrary what I am told on the telly and in newspapers.

And I agree she will need to be very carefull. The subject is tempting but the potential misunderstanding at professors' side can make her unhappy.

Regards
 
Quote from forextrades:

I'm afraid that if your girlfriend mentions that she believes the FED is private, she'll be kicked out of her class and called a kook. [/B]

It should suffice to attach the Act of Federal Reserve'' of 1913 + some internet sources.

Are there any extracts available on the internet from the company register showing FED's lates shareholders?

Regards
 
Quote from Office Wally:

I agree Aaron, there doesn't seem to be a viable alternative at the moment to the self serving banks and governments. Would you say that the burden of debt and interest on the taxpayer is a fair price to pay to protect the government? And isn't this an issue that deserves some public debate, especially in these times?

AMT4SWA: I've seen 'Creature from Jekyll Island' referenced in 'Web of Debt', is it worth reading in accompaniment?
It is an AMAZING read.....highly recommended!!! :cool:
 

Thanks AMT4SWA for the links.

The FED hedquaters are in Washington, so I assume the FED is incorporated there. Is it a joint stock company / limited liability company / other legal form?

FED is one of the biggest companies in the world. Surely someone went to the court to see if it's duly incorporated at least :confused:

There are inteligence companies that specialise in assessing your business partners' creditworthiness (they chceck financial standing, court register, they check who the shareholders and directors are, they check if these persons were convicted of crime, etc.). Such service costs a few bucks.

Do you think a specialised company would be able to screen the fed based on court documents with regard to its owners?

Regards
 
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