The Beginning of The Federal Reserve A video going over how the Federal Reserve got its start, and what impact it has on the American Economy. Every single Chairman of the Federal Reserve has been from a very privileged minority group that you can not mention. The fact that a minority group that represents only 2% of the population of America has headed the Privately owned Central Bank….should wake Americans up. However, since the same minority that controls the FED also owns 95% of all the media in America…you will never hear the true facts about the “Owners of America”. Americans are debt slaves on a human farm.