The Fed is functioning exactly as it was designed to. They are the monetary gate keepers, all avenues begin and end with them. This is how a cartel of psychopaths own countries. As Mayer Rothschild allegedly said, "Give me control of a nation’s money and I care not who makes her laws.”

A great read that breaks down the banking cartel and how exactly the central banks, IMF, World Bank, etc, function in an easily digestible way is, The Creature from Jekyll Island By G. Edward Griffin.