Debunking the ‘Federal Reserve Is Privately Owned’ Myth

There’s a saucy snippet of news doing the rounds that might have ambushed you at the water cooler at work, during a swanky cocktail party, or in one of those internet forum cesspits.

Apparently, the Federal Reserve is a shadowy, privately owned cabal, run by bankers, profiting off your ignorance, manipulating the economy from behind the curtain.

Cue the sinister music.

That’s right. While they aren’t running monetary policy, the reserve bankers are building and tearing down nations, plundering your bank account and teaching your cat bad manners.

Somehow, this has supposedly been going on right under our noses. Just a big, open secret, for anyone to examine.

Just like the lizard people, right?

Oh, did I mention it involves the Jews?

That’s right, those pesky Rothschilds are at it again!

There’s only one minor problem? And I must stress it is a very minor issue, hardly worth raising. But we’re trying to be comprehensive, so here it is.

It’s utter garbage.

Just like (spoiler alert) the lizard people conspiracy theory, this one about The Fed being a privately owned, zionist plot to overthrow your personal finances is completely removed from reality.