Abolish the Inflation Tax!

Although the Federal Reserve was created by an act of the U.S. Congress in 1913, it has since operated in almost total secrecy hiding its sweetheart deals for large banks and well connected businesses from the American people.

By continuously creating new money out of thin air with no accountability to taxpayers, the Federal Reserve represents the worst kind of taxation without representation.

Please act now by signing your petition to End the Inflation Tax!

To: My U.S. Congressman, Senators, and the President

Abolish the Inflation Tax Petition

Whereas:  The Federal Reserve is a private banking cartel and creature of the United States Congress and has been given the power to create money out of thin air; and
Whereas:  This creation of money is the direct cause of the monetary inflation that has weakened the dollar’s purchasing power by over 90% since the Federal Reserve was created in 1913; and
Whereas:  This monetary inflation is a hidden tax that most harms the finances of the elderly and the poor while enriching the politically well-connected; and
Whereas:  The U.S. Congress is currently statutorily forbidden from performing a full audit of the Federal Reserve’s actions; and
Whereas:  The Constitution for the United States of America gives the Congress, not a private banking cartel, the power to coin money and prohibits the States from making any thing but gold and silver coin money.
Therefore:  We demand a full and thorough audit of the Federal Reserve and a return of the power to coin money to the United States Congress as required by the Constitution for the United States of America.
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