https://www.youtube.com/watch?v=5IJeemTQ7Vk&feature=youtu.be
https://www.youtube.com/watch?v=5IJeemTQ7Vk&feature=youtu.be
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This is exactly right. Fr. Gruner used to teach this at his conferences. “THE FED” is not a US govt. institution but a private entity which lends money to the govt. as it pleases. The Fed chairman can not be appointed or fired by the US president. All this was granted to them back at the end of WW!. which seemed like a good deal then.