Thread: Federal Reserve Under Increased Scrutiny After Huge Interest Rate Cuts

I have posted a synopsis with a link to this article I read. I don't know much history on the federal reserve and had briefly looked into it after reading this article. I didn't get too much clarification though. I would like to know what some of you think about the article, and how our economy will be affected, if at all.

Federal Reserve Under Increased Scrutiny After Huge Interest Rate Cuts | The John Birch Society - Truth, Leadership, Freedom

Synopsis:
The debate surrounding central banks has been around in America since its founding, but it has remained largely ignored by average people for decades. After recent actions taken by the Federal Reserve, economists are asking more and more questions, the issue is gaining national exposure, and a bill in Congress aims to abolish the institution altogether.

Well they are incompetent idiots. If there were an audit on the federal reserve, then there would probably be rioting in the streets. Brain dead Americans do care about their money.