The Federal Reserve has far too much power to control our economy. It works within the government but is considered an independent central bank. The decisions it makes do not have to be ratified by the president, congress, or anyone else.
Since its creation in 1913, the dollar has lost 95 percent of its value. It also creates perpetual debt for the US. When the government needs more money, it borrows it from the Federal Reserve and must pay it back with interest. So every time money is printed the amount of US debt increases.
This is a terrible system and we must put and end to it!