It is clear why the Federal Reserve Bank need to keep their meetings secret.There once was a Gold standard. During War the gold standard is dropped, and the federal reserve is given a licence to print money. The gold standard was supposed to dictate that gold substantiated paper currency. The greatest danger is the use of the US currency as an international standard, when often it is worth less than the paper it is printed on. (Deforestation could make the price of paper skyrocket) A principle of compulsory 10% reserves, (Fractional reserve banking) means for every $100.00 in reserve. there can be $10,000.00 in paper, by the time it reaches the commercial banks. Often this money only exists in truth as a bit in a program. How much of the 'Money' being spent today is 'real' ?