FreedomMovement. info Most Americans believe the Federal Reserve is a government agency. In fact, the Federal Reserve is a secretive group of private banks, run by unelected officials, which loans our government unbacked money that allows them to print virtually from scratch, making each dollar in your pocket worth less all the time, and increasing Our debt to these banks. What the Federal Reserve Act of 1913 did was give this private banking cartel a total monopoly on our money supply, which amounts to nothing less than a full transfer of ownership of our national government to private bankers, and are the property since . We would argue that the greatest threat to our country today is not someone hiding in a cave over in Afghanistan, but its own fiscal irresponsibility, our not to release ourselves from the type of hegemonic control the Federal Reserve System related economic and political landscape of the country.