It's unconstituional to print money, if you aren't stamping a coin.
So to get around it, the gov't allows the Fed to be a monopoly that prints money out of nothing and loans it to the gov't.
Along with bond sales that what comprises the national debt.
If we are playing monopoly, and we all start with a set amount of money, then prices are what they are. But if I go into the monopoly bank and give everyone more money, then when we auction the next property, it will be more expensive to buy as everyone has more money to bid.
The property didn't change, but the it got more expensive simply because everyone had more money.
The gov't borrows the money from the Fed to create dollars in the system, our future generations are the one's they borrowed it from and this system will not work.
This is the 4th, I believe, central bank that we've had on this continent.
The other 3 all went bankrupt.
Remember, the Federal Reserve Banking System is not Federal, and has no reserves.
It's just named that so people won't realize what has been and is really happening.