Why doesn the Federal Reserve Bank offer public stocks?
It doesn’t sell stock publicly because then it would be required by the Securities and Exchange Commission to publish a list of its major shareholders. The Federal Reserve is a PRIVATE CORPORATION that controls the creation and flow of Currency in the U.S. If they had to list their major shareholders, then the American people would know exactly who is to blame for our current economic meltdown and who stands to GAIN from it. First off, there are certain people who will try to argue that the Fed is not private. Lets remove that lie from the discussion immediately: The Federal Reserve Bank, a.k.a Federal Reserve System, is a Private Corporation. Black’s Law Dictionary defines the “Federal Reserve System” as: “Network of twelve central banks to which most national banks belong and to which state chartered banks may belong. Membership rules require investment of stock and minimum reserves.” Privately-owned banks own the stock of the FED. This was explained in more detail in the case of Lew
