Replying to Avatar Alan ₿

According to the USA Constitution, Congress has “the power of the purse.”

However, the unelected Federal Reserve has the true power of the purse, rendering the three main branches of government largely irrelevant.

Congress also hasn’t declared a war since WWII, even though they are constitutionally required to, yet that hasn’t stop the many forever wars that followed.

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A Girl In Phoenix 2y ago

The Federal Reserve Act established in 1913 gives the Fed its power and can be amended by congress.

Some board members are confirmed by elected senators.

Educate yourself: federal reserve.gov

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