I think the Fed told the truth in saying their system "works (us) only with credit." The IRS collects no money, they just collect checks that authorizes banks to reduce your credit so that your consumption is regulated. In 1920, Economist, John M. Keynes wrote: "If governments should refrain from regulation....the worthlessness of the money becomes apparent and he fraud upon the public can be concealed no longer." --The Economic Consequences of the Peace. We should learn all other means used to regulate our consumption. besides diet soda and fluoride.