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Big private banks most certainly are the shareholders/owners of the Federal Reserve Banks, and even receive a 6% annual dividend.
The fiat system is cooked from the ground up. If anything, it would be even worse if private sector had no seats and politicians had all the say. That would be full on planned economy communism. That would be way worse. And we kinda have this already... because politicians have the final say...
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Politicians are actors, that do what their masters want. Their masters are bankers.
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