DRS Your GME

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Community to discuss the DRSGME.org project and resources, and how to spread DRS advocacy and information to GameStop investors around the world.

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The Federal Reserve is a Privately-Held, For-Profit Company (lemmy.dbzer0.com)

submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] -5 points 11 months ago (2 children)

I mean.... it's isn't those things. It's literally a government agency. It can't "make profit", it literally is the banking system, not a bank itself.

[–] [email protected] 10 points 11 months ago

It is literally not a government agency. It operates under a mandate from congress, but is not a government agency.

[–] [email protected] 0 points 11 months ago

Congress isn't a business, but Pelosi sure made a shitton of money off of insider trading. At best we live in an oligarchy that poses as a democratic republic. The votes follow the money, not vice versa.