Basically, and they run the world 😕🥴

A Bankers Union/Cartel of Commercial Banks

Private corporation

A cartel's leader in fact.

Its a private corporation. It’s no Federal and it has no reserves.

Yes. Its shareholders are the large money center banks.

Yes. It’s no more Federal than Federal Express.

It's a scam made by the bankers at the beggining of the XX century, with the objective of banks keeping their fractional reserve squeem without loosing the publics trust.

For a detailed understanding of the answer May I suggest your read Broken Money by Lyn Alden and/or The Creature from Jekyl Island by G. Edward Griffin.

No, it's a cartel made up of a bunch of member banks, with congressional oversight(lol).

made out of corporations...

Susie read creature from Jekyll Island. Its facinating and scary at the same time. About the creation of the FED

It's a simple question, with a convoluted answer, but YES, the federal Reserve is technically a PRIVATE, CORPORATE entity. It's shares are "owned " by the 12 chartered Regional banks within the federal reserve system (according to the Fed itself). The question then arises as to who "owns" the regional banks...this is a much more gaurded secret.

According to a 2018 FOIA request by Chris Martenson (best I could find), JP Morgan and Chase bank control approximately 72% of the shares in the regional banks (combined).

I have more info if you are interested, but for the sake of brevity I'll stop here...

Here is a reference to a great book. Some of the names have changed, but I believe the structure is the same. Hope this helps.