Who Owns Our Federal Reserve? It's not us, the American people. Ever since 1913, EVERY SINGLE CHAIRMAN of the Fed, without exception, has been Jewish. Federal Reserve notes are not backed by gold, silver, or any precious metals. They decide how much money will be in circulation, hence the rate of inflation. Also the income tax started in 1913, because we have to pay tax on the interest that they charge the US government for loaning them the money. The greatest scam of all time!