Fed mulls options in tackling liquidity problem
• Financial TimesAs Federal Reserve policymakers look ahead to next week's decision on interest rates, staff at the central bank are continuing to work on other potential steps that could be taken to address liquidity problems in financial markets.
The Federal Reserve is not Federal, and has no right to exist and manipulate our currency. Only the Congress has the authority to coin money.
Paper money by the reserve is nothing more than an iou from us to them. Think about it. They and the IRS are both illegal intities in USA.