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At present the entity responsible for controlling the money supply in the US is a privately owned central bank called The Federal Reserve. This is the corporation that dictates to the treasury department how much currency should be printed and placed in its coffers, which in turn will be lent back to the government at interest. The collateral for these loans is put up in the form of present and future taxes that are monitored and collected by the internal revenue service. The Federal Reserve does in fact expand and contract the money supply at its own discretion, a measure that directly controls the economy in whatever direction is needed in order to fulfill its agenda.

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Q: Who regulates the money supply of the US?
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