Originally Posted by GoSlash27
The basic rule of the Constitution is that any power not expressly delegated to the Federal government is denied them. Or at least that was the original idea. The Fed was created for exactly the purpose you're thinking. The Treasury can't pull money out of the inkwell on their own, so they subcontract it out.
As I do have a lot more questions and ideas on this topic, I think I'll start a new thread so this one isn't further hijacked.