central banking is a monopoly by design, not a check-and-balance system

Reason and science with a touch of devotion to God have permitted the USA to formulate and somewhat sustain a viable Constitution on the basic principle of tripartite (executive, legislative and judicial) check-and-balance.  But politics is a multidimensioned realm, not easy to sustain an honest course.  The subdivisions of the national politic body are more or less the subdivisions of life itself.  Although science and truth can lead the way, man must deploy and develop his main skill which is reason in order to study and gain the whole picture, to monitor the pattern of his challenges.
When the central banking scam got rolling with J. P. Morgan's cabal at Jekyll Island in 1910*, converitng in Dec. 1913 to the Federal Reserve Act as the law of the land, few were aware of what this power of the purse in the hands of monopolists could do; but the Founding Fathers of Constitutional days did have a few clues on this subject, hence they placed the power of the purse under Congress.  Was and is Congress strong enough to maintain the power of the purse?  Well, the Federal Reserve Act replaced Congress' power of the purse with the elite bankers/financiers control n 1913, and now paper money rules worldwide.
Even after 102 years there is not a lot of clarity in the USA on the peculiarity of central banking:  it is a monopoly by design, not a check-and-balance system.  Once this monopoly power displaced the gold standard in economics, what standard remained?  Can paper money actually do anything enduringly or is it plainly a makeshift of a temporary nature that must give way to solid values such as employment of gold or silver as standards?  Are paper promises a good way to go?
For example, the scales of justice cannot by mere paper promise function but must by way of pure reason and common sense be capable of weighing and discerning, of review and perfecting.  Because of the long-standing traditions East and West of certain values--including the enduring and fairly constant value of gold and silver worldwide--man has had to use his reason to ponder, to examine and to refine along certain lines of potentiality.  Reason can be considered a leader and also a team-player probably because it can strike at underlying principles.  Reason is probably our capacity to attune to the light.       -R., Ashland, Oregon

*     The Secret Meeting That Launched the Federal Reserve: EchoesFEB 15, 2012  By Gregory Morris

Although it may seem shocking to watch the 112th Congress, there was a time when national leaders were swift and decisive in getting things done. In November 1910, in the space of less than two weeks, a group of government and business leaders fashioned a powerful new financial system that has survived a century.  http://www.bloombergview.com/articles/2012-02-15/the-secret-meeting-that-launched-the-federal-reserve-echoes