Quote:
"Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System (A group of bankers, IMF) for the purpose of making advances to Federal reserve banks (every country, except for Iran and Libya, has a reserve central bank)through the Federal reserve agents (more guys who understand banking, google reserve agents) as hereinafter set forth and for no other purpose, are authorized (Stop right here. Beyond this point the subject changes to what the notes are to be used for and by who). The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues. They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank."
The reserve system is a big comglamerate of bankers that Congress allowed to replace the US Treasury money issueing system (checks and balances). This board of governors under discretion (checks and balances) authorizes dollars to go to central banks through reserve agents (more checks and balances) to be distributed to member banks and credit unions and such for you for paying debt, taxes, customs and so forth.