treasurer joe hockey says commonwealth debt..., page-81

"The Federal Reserve believes it can create money out of thin air, not realizing that money is supposed to represent real products and services. And what people don't realize is that when the Fed ( Federal Reserve ) does that... it's a form of taxation, it's a form of confiscation. And because people don't see it, the politicos get away with it. But it also undermines social trust. It just is corrosive throughout society."

- Steve Forbes