You are viewing a single comment's thread.

view the rest of the comments →

Botornot ago

I'm sorry but this is bullshit, Australia, New Zealand and Indonesia all have public owned central banks. That was the first and only 3 I checked.

This is bullshit

chabon ago

Australia and New Zealand are both British Commonwealths. Not certain what it means for their banks, but am assuming that ultimate financial control remains in London.

Understand this: U.S. Citizens, even congress critters, even the president himself, are not privy to knowledge of who owns the banks of the Federal Reserve. We are not allowed to know who controls our financial system. Seriously. Look it up.

As to Indonesia - from the wiki it does look like they nationalized their bank in the 50s -- but I've read in so many different places at this point that National Banks NOT controlled by the City of London are dwindling fast (see my comment below) -- I'd not be surprised that "independent" doesn't mean what it looks like it means.