Quote:
Originally Posted by Greenhat
One more thing. Broadsword, you may not realize this, but the Federal Reserve System is NOT part of the US Government, at least not in a constitutional sense.
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Article I. Section 8 of the Constitution of the United States reads:
To coin Money,
regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
(excerpted, emphasis mine)
The Fed exercises its power at the pleasure of the Congress.
The Congress may trump them at any time.