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[–] 16541838? ago  (edited ago)

Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are authorized.

https://www.law.cornell.edu/uscode/text/12/411

The only way our economy works is if everyone of us is a federal reserve bank.