RE:RE:RE:RE:Federal Reserve is a privately owned BankOf course you are correct tannin but why are you boring him with facts, he's already made up his mind. I assume using "alternative facts".
tannin wrote: "The FED banking system collects billions of dollars (Reference 8, 17) in interest annually and distributes the profits to its shareholders." I quote aboveboards 'magazine' "Facts are Facts". WRONG.
Profits go to the U.S. Treasury,....$ 88.5 Billion in 2020