Take away the state (monopoly on violence) and I would argue that we might indeed see some 'wars' between nowadays peaceful competitors. Kinda like how we have drugswars in Mexico at the moment. Since it (drugs) is not regulated, the competitors are not peacefully competing with each other at all. Intead, they're fighting violently over who gets to sell their stuff.

But I agree, we're drifting way to far from the original topic.

Yes, the FED is privately owned, although in a indirect way, and yes, they're fucking us over big time.