Just in case you had any trouble believing the Fed creates money out of nothing, here it is from the horse’s mouth:

‘Money Facts

169 Questions & Answers on Money’

Committee on Banking and Currency

House of Representatives

Sept 21, 1964

Printed by the US Government Printing Office

Wright Patman also said this:

“I have never yet had anyone who could, through the use of logic and reason, justify the Federal government borrowing the use of its own money…

I believe the time will come when people will demand that this be changed.

I believe the time will come in this country when they will actually blame you and me and

everyone else connected with the Congress for sitting idly by and permitting such an idiotic system to continue.”

~ Wright Patman

US Congressman 1928-1976

Chairman, Committee on Banking and Currency 1963-1975