Send a Quote Enter a brief message. SendOk2 “The dollar represents a one dollar debt to the Federal Reserve System. The Federal Reserve Banks create money out of thin air to buy Government Bonds from the U.S. Treasury...and has created out of nothing a ... debt which the American people are obliged to pay with interest.” ~ Wright Patman [John William Wright Patman] (1893-1976) US Congressman (TX-D)Source: http://centre.telemanage.ca/links.nsf/key/Federal_Reserve_Quiz