The Fed is the central bank of America.
They are a private corporation that steals American people's wealth by having passed a law in 1913 that allows them to print money out of thin air and give it to the government and the big banks.
So when an American person makes 10 thousand dollars, minimum 2 or 3 % of that money gets stolen every year by the bank because they print money and give it to the government, and because they do nothing to add value to the economy, each new dollar steals from the previous one.
To make it simple for you: this is the way the evil whitemen steal money from everybody else, including Africa... You must be familiar of the "loans" that the big banks make to your country? And they promise you development and a better life, but somehow the situation is only getting worse?
That's because of the FED