The Fed Is The Dullest New World Order Conspiracy Imaginable

One of the oldest, and most common conspiracy theories around for close to 100 years now is that the Federal Reserve is some privately run cartel with the goal to seize control for some grand new world order plot. Of course, being almost 100 years old, you would think that such a plot would have already been executed, with all of us now under control of a one world Illuminati/Trilateral Commission/Builderberg/Bohemian Grove/Whatever….

Frankly, if the Federal Reserve was to create a new world order, it has done a pretty damned poor job of it.




First things first, there is no Federal Reserve Bank. The Federal Reserve System are a group of 12 banks, split by geography, located across the country, as you can see here:

The banks are (numbered in coordination with the map above):

Federal Reserve Bank of Boston
Federal Reserve Bank of New York
Federal Reserve Bank of Philadelphia
Federal Reserve Bank of Cleveland
Federal Reserve Bank of Richmond
Federal Reserve Bank of Atlanta
Federal Reserve Bank of Chicago
Federal Reserve Bank of St. Louis
Federal Reserve Bank of Minneapolis
Federal Reserve Bank of Kansas City
Federal Reserve Bank of Dallas
Federal Reserve Bank of San Francisco

Now, before continuing, let us read what the Federal Reserve System says in regards to its ownership:

The Federal Reserve System is not ‘owned’ by anyone and is not a private, profit-making institution. Instead, it is an independent entity within the government, having both public purposes and private aspects.

Additional points from the article:

Some claim that it is secret as to whom holds these membership shares is a closely held secret. If that is the case, it is a secret being kept by morons. Each Reserve Bank posts a list of their members publicly, which you can find on each of the reserve banks website.

Contrary to popular claim, the Federal Reserve System is regularly audited. These audits do leave out conferences with foreign agents and members of congress, however.

In the end, the horrible truth of the Federal Reserve is that it is rather dull and boring.

http://www.addictinginfo.org/2012/08/16/federal-reserve/
http://www.politicsplus.org/blog/2011/12/31/open-thread12312011/