Who owns the Federal Reserve Bank?
This is one of my favorite questions in the entire world of economics. What makes it my favorite is not the answer, but peoples reaction to the answer, or sometimes, the questions. You see, if the person I am talking about know the answer it always leads into a long and hot debate along with a bit of a history lesson. The answer to this question you see will lead you to a whole world of questions as well as an economic history of taxes, central banks, governments and perhaps even a little bit of deception.
You can hear the answer right here: 
I will, of course, fill in the answer in great detail here at some point in the near future, but for now, I ask you to refer to my audio lesson at www.tenminutelessons.com for the podcast version of the answer.
