The Federal Reserve is nothing more than an excess of bureaucracy with private and government bankers present. The Federal Reserve was created with the purpose of managing the economy so that another Depression does not occur.
The problem is that the Federal Reserve believed in floating the dollar and asks other governments to do the same thing. In the process, the Federal Reserve is making money at the expense of the US Citizens who pay their taxes to maintain a bureaucratic monster.
The US Economy and the Federal Reserve is sluggish because of excess government, the blind confidence of people in the state in spite of the fact that the state mistreats its citizens, and the lack of preparation for the 21st Century.
Who cannot forget Pink Floyd's "Another Brick In The Wall" with its verses about wanting an education. The same people who did not want to educate themselves blame others [including foreigners] for their misfortunes.
What is needed is the abolition of the Federal Reserve System and a return to a gold and silver standard. There should also be a privatization of the US Government within all levels.
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If Venezuela wanted a loan, she had to pay 16% interest.