I have no idea why the federal government has to borrow its own money. It also devalues the dollar like nothing else by just printing it out of nothing. Seems like a giant ponzi scheme. Why isn't dollar printing handled by the treasury?
When you don't know how something works, Ron Paul is not the person to go to for an appropriate explanation. If it wasn't for the Fed, we would still be in a Depression.
And for about the 800th time since I've started posting here, the dollar has been appreciating by a substantial amount. Why does every right winger falsely claim the opposite (as if it's even a bad thing! That can be a very good thing too depending on the circumstances.)