The Federal Reserve has been given the power to control the value of our currency, which currently serves as the only legal tender in the United States. The American people have historically agreed with the idea of competition among businesses, believing that competition benefits the people because the businesses are more compelled to provide better prices and better quality products and services because their failure to do so results in the failure of the the business. Because inflation is such a huge problem in this country and prices are constantly going up, I propose the introduction of a new currency, issued by the US Treasury Department, in order to apply the principle of competition to currency and provide an alternative to the Federal Reserve Note without ending the Federal Reserve



