Criticizes Fed's lack of accountability for price stability, noting nobody was fired for 8.6% CPI and the Fed hasn't hit its target in years.

Questions Fed mechanisms, citing $500+ billion paid to banks in interest on cash balances, and raises concerns about exploding private credit's impact on money supply.

Accuses Powell of dismissing DOJ inquiries as unenforceable and invalid while invoking central bank independence, comparing him to an emperor who thinks he doesn't have to answer.

Argues real cause of inflation is deficit spending, which Fed accommodates by purchasing Treasury debt, then curbs by holding cash reserves and paying banks to keep money out of real economy.