Article I, Section 8 of the Constitution grants Congress the power to coin money. The United States has a national debt because Congress does not exercise that power. Instead it borrows from a private institution and pays interest — forever, from your taxes — on money the Constitution says it could simply create.
■ DocumentedThe Federal Reserve is not a federal agency. Its origins at Jekyll Island, the 1913 Christmas vote, and the case for a Department of Monetary Policy — the founding investigation of this publication.
Now expanded with the mechanics the textbook version leaves out: how the Fed actually creates money against what economics courses teach, and where the profit of that creation goes once it's made — including the $243 billion accounting device currently keeping it from reaching the Treasury at all.
DMPFED.ORG is an independent documentary research and analysis publication operating outside institutional media structures. Our work focuses on the intersection of monetary policy, environmental governance, institutional power, and the suppression of inconvenient evidentiary records.
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We operate from the premise that the public interest is served by rigorous sourcing, not by the suppression of uncomfortable questions. The difference between a documented claim and a speculative one matters. We maintain that distinction in every piece we publish.
A note on purpose. This publication is not an attack on the United States. It is the opposite. Our concern is the sovereignty and strength of the nation and the wellbeing of its people — and the central question we pursue is who is permitted to extract value from the country and its citizens without accountability. When the wealth generated by a nation flows to interests that answer to no one within it, that is the harm we document. Scrutiny of power, rigorously sourced, is an act of national interest, not a betrayal of it.
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A community discussion forum is coming soon, where readers can debate approaches to reforming the current system.