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In the United States, it is not legal for the government to own commercial banks. If a bank is taken over for insolvency, it is the Federal Reserve that receives it. The Federal Reserve is a private agency and not part of the government.
federal agency that regulates the Stock Market
FBI
Federal Deposit Insurance Agency (FDIC)
Technically the root of all money is a tree since all money is printed on paper made from wood pulp (excluding coins obviously). But honestly, the root of all money is in short the Fed (or the Federal Reserve System), which is the central banking agency in the United Stated. The Federal Reserve System is supposed to print our money in the US, which is backed (supposedly) by silver and gold, but that is a common misconception. There is no gold, and no silver backing up the USD (United States Dollar). The problem is worse then you may think. For every dollar bill it costs $0.25 cents to make. With that knowledge you can now put this sequence together: You borrow $100.00, you get five $20 dollar bills, you are charged interest on all five bills and realistically you are paying back over $100 now that really was worth $0.125. Do you see the problem? The Fed is one giant Ponzi scheme!
the federal reserve
To clear things up, the bill was distributed through the San Francisco Federal Reserve District. There's no agency called the "San Francisco Reserve". In addition at that time all bills were printed in Washington. Different sets were (and still are) printed for each Federal Reserve District as demand warrants but there aren't separate printing facilities for each one.There's more information about its value at the Related Question.
All Federal Reserve notes are printed by the Bureau of Engraving and Printing.Explanations and myth-bustingEven though bills have different Federal Reserve District indicators on them, they're not actually printed in each district. All bills are printed at BEP plants in Washington and Fort Worth; when a district bank requests more bills the BEP prints whatever denominations are needed and marks them with the district letter (or name, for $1 and $2 bills).The US Mint is NOT involved in printing bills. The Mint's only responsibilities are striking of coins and medals. It's a separate agency from the BEP.
My money (US dollars) is printed by the United States Treasury Department. My money (British pounds) is printed by the Royal Mint.
federal reserve
federal reserve
the federal reserve board
The Federal Reserve
There isn't such an agency named federal reserve in China but they do have a central bank making monetary policies.
The Federal Reserve is responsible for managing the money supply in the U.S.
True
It was overseen by the Environmental Protection Agency