For 100 years, the Federal Reserve has manipulated the United States currency. Since the Federal Reserve was created in 1913, the U.S. dollar has lost 96 percent of its purchasing power. The truth is that just a two percent inflation rate will wipe out half of your purchasing power within a single generation. Either setting national inflation rates high or low, this will make massive inflation bubbles.
We must have a Gold and/or Silver Standard to have a stable currency. The Fed is responsible for The Great Depression and recessions from the re-occuring booms and busts that it has made.
I hope I have thoroughly explained why the we must end the Fed. -J.G.