Stefan MolyneuxVerified account

it's both a private (corporate) monopoly and a government sanctioned monopoly

The state is the biggest monopoly of them all.

Well, it's both because it has shareholders to whom its accountable, however also yes, its granted a monopoly on the issue of currency by the state.

According to the constitution every single official protecting the fed is guilty of a capital crime.

Both can be true.

It is protected by government like Google, Banks, Apple, Microsoft, Amazon, Facebook, Twitter, etc. But still is a private organization. They prefer private entities because they can do whatever they want.

People forget that the fastest periods of sustainable economic growth in human history not driven by debt was in the post civil war reconstruction period. No fed back then.

OK ...the government is private protected monopoly

Cryptocurrency is the answer. Move away from fiats asap!

Governments have been outsourcing their responsibilitues for far too long. By privatising and creating a monopoly the government can let the "private" companies do their dirty work. Think of big tech companies like facebook doing the fbi's dirty work of spying and censorship.

As far as I know, the Fed’s protected because the banking monopolies consistently bribe our politicians and have likely infiltrated our government. Government’s not the problem, it’s the evil use of government. The root of the problem is moral, not rational.

The Fed is a private corporation.

C: All of the above.

I really thought Trump would appoint Ron Paul Fed Chair and end this bullshit.