Who Decides on Federal Reserve Action, Who Runs the Agency, and is the Federal Reserve Truly Federal or is it the Operating Arm of the Elite Banking Cabal? 

Is Federal Reserve action good for the people? First, the Federal Reserve is the central bank of the United States responsible for a number of policy level economic actions, such as monetary policy and issuing government currency and bonds (t-bills, notes, etc.).

Of course, the FOMC (Federal Open Market Committee), which is responsible for regulating money market operations through its control of credit and lending policy, is also part of the Fed.

All in all, the central bank of a country acts as the economic watchdog, with the role being played by the Federal Reserve, also to which can be referred to as the banking mafia, in the United States.

U.S. citizens take Federal Reserve action as the action of its elected government, meant to represent the larger interest of the American people.

Action taken by the Federal Reserve should thus represent what the American people want and need.

People across the world have long been wary of corporate action which has sacrificed public interests for corporate and public interests.

It is thus interesting to note that Federal Reserve action is not really a federal action, but a private one.

Yes, the so-called agency is indeed run by a group of private individuals, which although are appointed by the U.S. president, actually represent private banks in whatever capacity they exist in those corporations.

Let’s face it, the U.S. is a free market economy so there is bound to be private influence in the government.