It's a decentralized structure accountable to Congress, enacted in 1913.

https://www.federalreserve.gov/faqs/about_14986.htm

Besides it does not even make sense, war destroys the economy, and ruins trade relations, there is literally no reason for rich magnates to support the war, and every reason to oppose it, you may not realize this but people who built massive multinational companies tend not to be stupid

I'd imagine arms dealers would make a good deal of money from it though.

Only i9f their contry is not directly involved

Yeah.

Brb, gonna get a snack.

Back.

so your ansver to who owns federal reserve is nobody? no goverment, no person?
what about european central bank?

That was established in 1998

And is headquartered in Frankfurt, Germany.

but who owns it?

And no, the "Frankfurt School" is not out to create Bolshevism across the globe.

It's owned by the central banks of its constituent countries.

so germanys central bank owns part of european central bank?
who owns germans central bank?

I fail to see how this is relevant in any way

its all about who controls money supply.

money is THE power

Money is just an IOU

It has no value itself unless backed by something like gold.

THere is cryptocurrency if you are so worried about the banks you are free to use that

yes. crypto currencys are good. but it doesnt change fact that who is controlling our current money system.

and also banks have everything to do with world wars.
banks have always lended money to side they expect to win.
its like betting.

I hope you had big snack Snuffles, you will need all the energy heh

:p

For the last time, da j00z are not controlling the money system.

That is a crackpot conspiracy theory.

so who is?

The countries themselves.

but you just said nobody owns federal reserve?

Yep

The Fed is decentralized and accountable to Congress.

Accountable to I mean

fed is decenralized and accountable to congress.
but that doesnt ansver question of who owns it.

AKA it is a group of bearcats we don't vote for that set monetary and interest policy, nobody owns it.

Nobody owns it!

#Jasse are you aware that you are using purely US institution to argue in favor of a regime that arose in Germany, they have nothing to do with each other whatsoever

The ownership issue is peanuts, the real issue is the whole idea of fractional reserve lending (at least how it is currently done). It creates wealth inequality mathematically.

I'll admit I have no idea how fractional reserve banking actually works.

germany was under same international banking system before WW2
and broke free from it.
it has everything to do with it.

Correlation does not equal causation.