Of course it's a "central bank". But it's made up of private banks. That's the entire problem with the FED. Not only is it a debt based monetary system but that debt is owed to a bunch of private banks. If the debt was owed to the people it wouldn't even be an issue. There wouldn't even be "debt".

Originally posted by Zosynspiracy
Of course it's a "central bank". But it's made up of private banks. That's the entire problem with the FED. Not only is it a debt based monetary system but that debt is owed to a bunch of private banks. If the debt was owed to the people it wouldn't even be an issue. There wouldn't even be "debt".

True if there was no bank or usury then the debt would be between the the two parties and could be resolved more easily and wouldn't exist unless some someone loaned something before payment.

[edit on 24-10-2009 by SimpleKnowledge]

Wow i guess no one cares much about all the NWO banks .
I guess all ATSers live in the U.S.