The FED, a private corporation, not a government agency, works in conjunction with the IRS to take you money (unconstitutionally) and use it however they will without audit or oversight. Supposedly, the money goes to pay down the national debt and does is not spent on anything to benefit the American people (from which the money came).
Important Education! (41 minutes, worth your time)
Money, Banking and the Federal Reserve
The FED is the source of all of our financial difficulties and, historically over time, it has always proven to serve only a very few elite American's selfish interests, and is otherwise an untrustworthy corporation for the most of Americans.