See Ron Paul 2008.
You know this idea that we can create a secret bank and they manage things and rarely tell us—or Congress or the Executive Branch—what they're really doing, there's a problem there. I can't even go to a monetary policy board meeting of the Federal Reserve, and I'm on the Banking Committee of the U.S. Congress. I want open government, and certainly the Fed ought to be open. But it's an institution that really shouldn't exist. [Its financing] allows Big Government to get bigger without being responsible. And that's why we have runaway spending for both warfare and welfare.