TED Conversations

Tom Britton

Director, Teacher, Language School

This conversation is closed.

To what extent are Americans worried about the fact that the Federal banking system is a private institution?

Is the privatisation of the Federal bank (to 10 stake holders) part of the American capitalist dream of freedom? To what extent does the general American public attribute the national debts of the U.S to abuses by the Federal bank? Is it abuse at all or is it in fact a justifiable part of American freedom? Do Americans think that it is, for any reason at all, justifiable to put a debt on every piece of currency that enters circulation? If the Federal bank was not a private institution, what would happen to America?


Closing Statement from Tom Britton

Thanks to everyone for your input. I look forward to seeing how far the central bankers will go before the majority of the general public starts realising what is going. I suspect all of us lot will be long gone by then, if it ever happens.

Showing single comment thread. View the full conversation.

  • thumb
    Oct 26 2013: Given that government is a corporation, does it matter which corporation prints the money?

    What is the difference between "public" and "private"? Companies traded on stock exchange are, technically, "public companies". Anyone can buy stock, become a co-owner, and vote in the stokholder's meetings. Is this what stock owners want? Control over decisions of the company? I think, most stock holders have no idea what those companies do, much less - how to improve them and make more profitable. Most people just want to make some cash.

    I don't know if I need to worry about it. As I listen to the media, there seem to be too many things that I "need to worry about". I have hard time choosing what to worry about first. Good health and enjoying life seem like good priorities. I worry that if I worry too much, I will miss these priorities.

Showing single comment thread. View the full conversation.