Bernie Sanders confuses me

[slab_of_bacon]

Aielyn said:

slab_of_bacon said:

Bond money owed to China is being paid back.  The Federal Reserve is our central bank and privately owned.  It doesn't make sense to me that a nation have to pay to increase the money supply let alone not have control over its own currency.

 

The US Federal Reserve isn't privately owned. It's an independent government agency, kind of like the courts. And that's not unusual - Australia has a similar system with our Reserve Bank.

http://www.federalreserve.gov/faqs/about_14986.htm

 

Well why does the US Governement owe one of its agencies money?