[adventured]

If the Fed acted in the best interests of the American people, they wouldn't have devalued the dollar by 97% over the last century, and they wouldn't continue funding the extreme fiscal irresponsibility of the US Government (including acting as the perpetual war fund).

The primary interest of the Fed is not the best interests of the American people, but rather maintaining the solvency of the US Government at any cost (including destroying the middle class via gradual and persistent currency devaluation) and providing liquidity for the global economy (given the global reserve currency belongs to the Fed in the form of the Federal Reserve Note).

[abbazabba]

Why does it matter if the dollar is devalued? A less valuable dollar makes American goods cheaper, and foreign goods more expensive. People in other countries would rather pay for cheap American things, than something made in their home country. That money goes directly to the pockets of Americans.

If the dollar is strong, then Americans will buy more goods made in other countries. So when Americans travel around, they will buy more things in those other countries. That money goes directly to the pockets of other countries.

Is that in the best interest of the American people?