Federal Reserve Explained And Why Someone Owes You Money

Ah, the Federal Reserve. Are you amongst the bazillion people who've heard the name, but don't know quite what it is and what it does? Don't worry, AJ+ has you covered.

[SuperStrikerUS]

A wise man once said, "The Federal Reserve is about as federal as Federal Express". Props to anyone who got that reference.

[dushyantx]

So a private bank (fed) prints money as it wants.Well I want my own fed in my garage then.

[shamimby]

This made no sense at all. Some one doesnt owe you money, you owe central bank money thats why there is intrest from the central bank nd income tax