WHO REALLY OWNS THE FEDERAL RESERVE AND CONTROLS SEIGNORAGE?

The Federal Reserve System, often referred to as “The Fed,” is portrayed as the independent guardian of U.S. monetary stability. Yet behind its complex structure and technical jargon lies one of the most opaque and misunderstood institutions in modern history. The Fed doesn’t just manage interest rates — it controls the creation of money in the most powerful economy on Earth. And with that control comes a little-understood but immensely powerful concept: Seigniorage — the profit from issuing currency.