Do the Rothschilds Own the Federal Reserve? Separating Fact from Fiction
The question of whether the Rothschild family owns the Federal Reserve (often called "the Fed") is a recurring topic online, often accompanied by misinformation. Let\'s delve into the facts and debunk the myths.
The Myth Explained
The idea that the Rothschilds control the Federal Reserve is a persistent conspiracy theory. It often appears in social media posts and videos attempting to link the family to global banking control. For example, A March 1 Facebook video (direct link, archived link) shows a montage of images of various banks around the world.“Banks ownedby the Rothschilds,” reads on-screen text at the beginning of the video, which shows central banks of countries including the U.S, Canada, China, England, France, Mexico and Spain.
This type of content contributes to the misunderstanding.
Who Really Owns the Federal Reserve?
It\'s crucial to understand that the Federal Reserve System is structured differently from a private corporation. While it has a board appointed by the President of the United States and confirmed by the Senate, the ownership structure involves member banks. These member banks are private, commercial banks that are required to purchase stock in their regional Federal Reserve Bank.
The Rothschild Connection - A Misconception
The core of the issue stems from a misunderstanding of historical finance and the Rothschild family\'s significant role in European banking during the 19th century. While the Rothschilds were undoubtedly influential, their direct control over the modern Federal Reserve System is unsubstantiated. The AFP has previously debunked claims that the Rothschilds and other wealthy individuals own the Federal Reserve (the US central bank) and posts suggesting the family are involved. Ver más. This information is crucial in dispelling the inaccurate claims.
Debunking the Conspiracy
The assertion that the Federal Reserve is secretly controlled by the Rothschilds or any single family lacks credible evidence. While the system is complex, its operations are subject to government oversight and public scrutiny. The first MAJOR MYTH, accepted by most people in and outside of the United States, is that the Fed is owned by the Federal government, as implied by its name.
While not owned by the government, the Fed operates under mandates set by Congress.
Conclusion
The claim that the Rothschilds own the Federal Reserve is a conspiracy theory based on historical misunderstandings and inaccurate interpretations of the Fed\'s structure. While the Rothschild family played a significant role in banking history, they do not control the Federal Reserve System today. Rely on credible sources and fact-checking to avoid falling for misinformation.