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The Federal Reserve (or "Fed") is a network of 12 Federal Reserve banks across America that was formed in 1913. A seven-member board of jews (there are currently two vacancies), run the place.
Heading the Fed is Chairman Ben S. Bernanke.
A seat is reserved for one member from the following groups:
What Does The Fed Do?Edit
The Fed controls the flow of money.
When they feel there is too much money, they sell "government securities" scooping up the cash to hide in vaults along with diamonds.
When there isn't enough money, they simply print more.