What happens when a culture is driven by the need for money to make more money

Re:What happens when a culture is driven by the need for mon... by ZenoArrow on Wednesday November 11, 2015 @03:53PM (#10549194)

AFAIK the shareholders of the Fed are not publically known, are you suggesting that the identity of these shareholders is public knowledge?

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Re:What happens when a culture is driven by the need for mon... by 7Figures2Commas on Wednesday November 11, 2015 @04:25PM (#10549399)

http://www.federalreserve.gov/faqs/about_14986.htm

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Re:What happens when a culture is driven by the need for mon... by ZenoArrow on Wednesday November 11, 2015 @04:44PM (#10549554)

https://en.m.wikipedia.org/wiki/Structure_of_the_Federal_Res...

"The U.S. Government does not own shares in the Federal Reserve System or its component banks, but does receive all of the system's annual profits after a statutory dividend of 6% on their capital investment is paid to member banks and a capital account surplus is maintained."

So part of their profits go to member banks. Who are the member banks that profit from these dividends?

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Re:What happens when a culture is driven by the need for mon... by omarchowdhury on Wednesday November 11, 2015 @07:47PM (#10550540)

Probably the ones with the most money.

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Re:What happens when a culture is driven by the need for mon... by ZenoArrow on Wednesday November 11, 2015 @07:56PM (#10550573)

That's a reasonable assumption, but I'd rather have a list of the companies involved.

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