Despite all the propaganda about the Fed Reserve, it has lasted nearly 100 years and has seemed to prevent all-out Depressions over the long-term (except the 1930s one).
Maybe it will drop the ball someday, maybe not.
The reality is we are far richer today (more stuff for less money, adjusted for inflation), than Americans were before the Fed Reserve.
The Fed Reserve may or may not have had something to do with that.
Which is why I don't jump on the Anti-Fed Reserve bandwagon.
The Fed Reserve Note's role in the world economy pretty much assures it will not go away anytime soon. It will take a LOT to erode that position.
So unless something unexpected happens with alternative currencies, I'm not paying it much attention.
