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The FED is a privatively owned corp?

I wonder how many people know that the fed is a private corporation that bailed out the US government in 1932 and prints the $$$ and charges the people interest? Is this a conspiracy theory? I have been a trader nearly my whole adult life and this is new news to me I always assumed that the fed was a federal agency. I would love to hear some feed back from Jim or others opinion on this if you have time...

Fed may get audited.

I would love to know which members of the House voted to NOT audit the FED? They ought to be audited.
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