[jd777]

And we’re 14 trillion dollars in debt.

[DannyTN]

And how much of that $14 trillion in debt was authorized and issued and spent by the FED? $0.

How much was authorized by Congress? $14 trillion. How much was issued by the Treasury component of the Executive Branch? $14 trillion. And who spent it? Congress.

Congress can over in-debt us regardless of whether there is a FED, or a central bank, or no central bank.

Eliminating the FED, won't eliminate Congress' appetite for debt. Only electing men of good character will do that.

Eliminating the FED will place control of our economy in the hands of foreigners. Our economic future will be determined by the major producers of Gold, China and currency speculators such as George Soros.