Comments by "seneca983" (@seneca983) on "LUNA Is Crashing... Here's Why." video.

@samshaw1443 That's a rather misleading way to put. The regional Fed branches are nominally privately owned but that doesn't mean as much as one might think. It doesn't offer the owner the normal benefits of ownership. They only get a predetermined (by law) amount of dividends on their shares and they can choose 6 of the 9 directors and each branch. The board or governors, on the other hand, is not private in any way.
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