The privately owned Federal Reserve definitely cau...

The privately owned Federal Reserve definitely caused The Great Depression by contracting the amount of currency in circulation by one third from 1929 to 1933. The Federal Reserve System is accountable to no one; it has no budget; it is subject to no audit; and no Congressional committee knows of, or can truly supervise, its operations. The Federal Reserve, virtually in total control of the nation's vital monetary system, is accountable to nobody and this strange situation, if acknowledged at all, is invariably trumpeted as a virtue.