Letters to the Editor

The Fed is worse than counterfeiters

Recently I read about the Riverbank counterfeiters who were passing fake $100 bills ("Three charged in Riverbank counterfeiting," March 15, Page B-1). Yet when the Federal Reserve decides to print money for wars, government spending and bailing out bankrupt banks, nobody says anything! Our central bank can create as much money as it wants -- creating inflation, the hidden tax nobody talks about. How about a story about the real thieves -- the federal government and the central bank?