[thoms_a]

Indeed, and since it is a privately owned entity [1] with a figurehead appointed by a politician to give the illusion of public accountability, the Fed has very little incentive to do anything but enrich its shareholders: private banks.

"Liberal Democracy" is all theatre, all the time. It is a plutocracy with an extremely advanced propaganda arm designed to fool even the most intelligent observer, as can be seen by the high degree of trust placed in the system by my esteemed colleagues here at HN.

Alas, we get the rulers we deserve.

1. https://publicbankinginstitute.org/money-banking-basics/

[pas]

central banks all around the world, including the US Federal Reserve System are all public institutions.

completely controlled by presidential appointees. (they have the majority of the seats)