The Federal Reserve
Who Got Invited to Jekyll Island?
The Federal Reserve
Who Got Invited to Jekyll Island?
The Federal Reserve sounds official, right? Like some noble government agency quietly working behind the scenes for the good of the people. But the first red flag is that it’s not federal, and there’s no reserve. It’s as federal as Federal Express, so what is it really?
The Federal Reserve is the central bank of the United States. It controls interest rates, prints money, regulates banks, and basically determines whether you can afford to eat next month. It’s arguably the most powerful institution in the country, and you didn’t vote for a single person who runs it.