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RE: The Federal Reserve is not federal and has no reserves.

in #money7 years ago

How is the Federal reserve not Federal? C'mon

How does the Federal reserve not have reserves? What?

Both of those statements are lies!

The Fed is your friend! Who do you think got us out of the recession? Who do you think helped your home equity rise? Who do you think helped your stock investments gain value? Even if the Fed wasn't federal and even if the Fed didn't have reserves... Who cares. The key is understanding that the Fed helped your equity value increase, leading to more jobs and happiness! Youtube is a haven for misinformation. Plus, documentaries are the easiest place to hide fake financial propaganda. It's a shame people do not have respect for the Fed

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