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Why is the Federal Reserve seen by many as a conspiracy rather than an economic issue?

The Federal Reserve is central economic planning. It's completely unnecessary and antithetical to a free market. It acts as a lender of last resort, so favorited companies don't have to worry about "risky" ventures (Fannie & Freddie are perfect examples). Completely removes any incentive for honest business if the clowns know a bailout is on the way And "too big to fail" is another way of saying "fed subsidized".

Public Comments

1. Yup the federal reserve, a private corporation, is the root of all evil
2. The Federal Reserve makes a mockery of us all.
3. Because since the Federal Reserve was created, the dollar has lost 95% of it's value and they couldn't give a straight answer when asked if they deliberately manipulated the market. For video of that search youtube for Alan Grayson's questioning for HR 1207. Here it is http://www.youtube.com/watch?v=v1h2c3Hkf7o