[DannyTN]

"I think the previous poster is referring to the national debt, which is, indeed, about 16 trillion."

Okay, but that's not the FED's fault, that's Congress. Congress could borrow money before there was a FED. They could borrow money on a gold standard.

That's part of my problem with Ron Paul, he is distracting people from the real issue which is Congress.

[DennisR]

Yes - Congress and a complicit President (and this include GWB) who will not veto a spending bill!!!