Question

Is the Federal Reserve part of the public or private sector?

Answer 1

It's a decentralized central bank, inside the government and independent from it. Get more information in http://www.slate.com/id/2200411/

Answer 2

Public

Answer 3

thanx Vinicius Caldas. seems that the answer is still in the twilight zone though. How about the privlic sector?

Answer 4

Its private

Answer 5

The Federal Reserve System is sometimes described as a quasi-government agency because it contains elements of both the private sector and of government control.

Heres a good link describing how it functions.

http://www.publiceye.org/conspire/flaherty/flaherty4.html

Answer 6

My conclusion: the Fed does not use any taxpayer money to fund its operations so it must be private

Answer 7

While it does not use tax revenues to fund its operations The Fed does effect the value of tax payer currency through the FOMC decisions to buy and sell t-bills this has an effect on the value of your money.