From Wikipedia: The authority of the Federal Reserve Banks to issue Federal Reserve Notes (Dollars) comes from the Federal Reserve Act of 1913.
PURCHASING POWER OF THE CONSUMER DOLLAR
THE ANATOMY OF THE FED
CONSUMER PRICE INDEX: ALL ITEMS
CONSUMER PRICE INDEX: ALL ITEMS
From the EconomicCollapse blog: Where Does Money Come From? The Giant Federal Reserve Scam That Most Americans Do Not Understand
"But wait. There is a problem. Because the U.S. government must pay interest on the Treasury bonds, the amount of debt that has been created by this transaction is greater than the amount of money that has been created."
