not much to explain
they print money and set interest rates to banks

>>62109967
It keeps our nation running properly.

>>62109967
jews

>>62109991
But why doesn't the goverment have control over it?

>>62110382
because it's suppose to be independent from the other branches but it is regulatory body, ie, a governing body

it regulates money supply

Ran by jews that will kill any president who tries to fuck with them

>>62109967
http://monopoly-game.net/Classic_Monopoly_Rules.html

>The Bank collects all taxes, fines, loans and interest, and the price of all MONOPOLY properties which it sells and auctions.

>The Bank never "goes broke". If the Bank runs out of MONOPOLY money it may issue as much more as may be needed by merely writing on any ordinary paper.

Creates dollars out of thin air

Manipulates financial markets

Will be the reason of the loomin financial crisis

>>62110407
But none of them are government employees so it's still a private entity

>>62109967
Rockefeller family and secret societies.

Hint; hermetic order of the Golden Dawn

>>62110523
you can see it as a government of a sort but not a part of the us government, there are good founding reasons for that

the us government basically trusts these people to regulate the supply of money to the banks so while it is true they create money out of thin air that money is only made available to the banks they deem worthy and from those banks americans get their lending the FR is the bank of banks

>>62110005
no

>>62110407
So we need bodies that are against the government's interest in order to run the government properly? Sounds like retarded Jewish theories to me

>>62109967
That's not an ABC you want to worry about.

>>62109967
Aren't Cuckgentinians already redpilled about every conspiracy related to US of Ayy in their irrational retarded hate?

>>62110619
not against, independent
it's the hamilton jefferson debate

>>62110584
>there are good founding reasons for that

I would like to hear them, that's the reason i created this and ask for americans to explain why they are not like any other country in the world

>>62110691
Because fuck central banks.

>>62110691
independent central bank is not unique to america

you can read the jefferson hamilton debate yourself

but tldr version is that because of the credit owned to france and other countries a bank was necessarily but it must not be controlled by the government because jefferson was all about what government shouldn't be allowed to do so a compromised was reached to establish a national bank that is independent which served only the interest of supplying money, at that time regulating availability of silver and gold mints

>>62110691
because MURICA
can you fucking read it YOUU ASSS OF AYYY
we are unique and one of a kind
now stop posting on korean mukbang forum and go take back malvinas you lazy monkey

>>62110584
>the us government basically trusts these people to regulate the supply of money to the banks so while it is true they create money out of thin air that money is only made available to the banks they deem worthy
>money is only made available to the banks they deem worthy

There is no way this doesn't end in corruption.

Literally no way.

The USA was fucked from the start

y are we such bullies?

>>62112166

This is kind of recent. Only now are we starting to drive a nail into them. The Bush administration showed us just how self serving, and corrupt the system was from the very start.

>>62109967
The Federal Reserve owns all the figurative wealth in America.

They print money that entitles you to an amount of that wealth depending on how much you have.

So having money is like renting a piece of the economy.

>>62112166
because they are not? not really
what do you mean corruption, they can't take bribes and all they do is decide the rate of interest to lend to the banks
ofc some of those central bank governors were/are bankers but what they do is the same they do to the other banks as well so really they are only interested in the health of the money supply, anything else is really out of their hands

how and what they do to gauge the effects of interest is the big issue but really it's not corruption in the way you think

>>62110691
Because when executive branch of government controls money supply, they are in temptation to use this control to buy elections or print money for debt.

So instead they create a more or less independent institution and give it a clear mandate - either to preserve price stability, today done mostly by targeting inflation (desirable inflation is ~2%), or a wider goal like balancing price stability with economic performance, like in US.

Independent central bank is also standard among civilized countries, it's by no means unique to US. You're also overestimating how separated they are from government. Fed's income goes into US budget and its leadership is appointed by the government.