If I remember my history correctly, the Federal Reserve was formed in 1913 by bankers, who were forever messing up by creating one “panic” after another, the latest being in 1907, and so decided to pull a fast one by creating a system that would protect THE BANKS, no matter what. Congress went along with this scheme, of course, realizing, as usual, where THEIR bread was buttered. But, as a consequence, the Constitution which states that ONLY the U.S. government can issue money, was subverted.