Somebody help me out here.

Liberals are supporting the Federal Reserve. Yet, private banks, and therefore rich bankers and "old wealth" families, profit from the deal which created a central banking system of private banks under government control. It's basically a corporation granted a monopoly by the government, but subject to more direct oversight by the government. Still, profit is made by rich bankers - there is a reason they lobbied the government for its creation. And the use of fiat currency has created excess inflation which has hurt the poor and working class the most.

Conservatives are supporting the Federal Reserve. Yet the creation of a central bank is one of the 10 planks of the Communist Manifesto. And grants more government control over an incredibly important sector of the economy. Not to mention that legal tender laws force everyone to use paper currency that would otherwise be worthless -- which goes against the original intent of the Constitution, history, and common sense by denying American citizens the use of money with intrinsic value.

So would any liberals or consevatives like to explain what's so great about your support of the Federal Reserve, central banking, and fiat currency?