“Seems some of our peeps need a Constitutional refresher, mine doesn’t have a FED but Def gold and silver”
You’re confusing two unrelated issues.
Congress wrote the legislation that allowed banks to incorporate. Congress wrote the legislation that created a lender of last resort out of a consortium of banks e.g. the Fed.
FDR, Nixon, and various Congresses abrogated the gold standard for the US dollar. The Fed had no say in whether or not the dollar is exchangeable for gold. Any complaints about the current lack of a specie standard for US money needs to be aimed at Congress and the President.
No, I think I have the problem licked fairly well:
1) Congress, having NO authority to delegate that which We the People gave it, like many other areas/agencies/departments/etc., abrogated their responsibility by ‘creating’ a non-govt entity from which we borrow, with interest, fiat ‘money’.
2) Presidents, having ZERO authority over the monetary system, arbitrarily decided to illegally/unconstitutionally take the U.S. off the gold standard [from where this idea originated, aside from FDR’s hind-quarters, is beyond me...].
3) Coupled, the Socialists/Left (I repeat myself), along with their ‘conservative’ (R) quislings, have been allowed to turn our Republic into a ‘Democracy’, creating programs/agencies/departments from the ether, inverting the Federalism principles of our Founding, stripping the People of their Rights, Liberty and Freedom while creating economic slaves of the same.
Seems pretty crystal. But, I’m at least open to hear where I might be ‘off’.