Quote:
Originally Posted by tynashracing
Did he say all "federal" banks or *Central* banks?
I think it's Central banks that are all privately owned.
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I thought you had mentioned you are in 'finance'? Did you ever take the usual Money & Banking course reg'd for any biz or fin major?
Yes, Central banks are 'privately owned', if one considers all governments to be 'private'.
Lots of info on Central Banks...here is a 101 level snippet from Wiki:
Central bank - Wikipedia, the free encyclopedia