The Fed Reserve is "Govt controlled", and Privately owned. But do people realise that they "LEND" money to the government. And they do not have to have an asset such as GOLD to back up their currency.

So, for the price of paper and ink, they can 'print' a trillion $, and then lend it to the economy with interest, and obviously make a massive profit, which would be distributed to the owners being private people!

So as a result, the Fed Tax (read, interest payment to private people) will rise to cover this loan, which has cost the FED ink and paper.

What a scam. Makes you wonder how involved these private owners are! Anyone interested in shares in the Chase Manhattan Bank?