The federal reserve is the engine that drives the biggest, most powerful government in the history of the world. We can trace its origins to Alexander Hamilton’s First National Bank in 1791. His arguments in support have provided legal cover to much of the monster state we live under today.
The foundation for much, if not all, of the monster state today came directly from Alexander Hamilton. Twisted definitions of necessary and proper and general Welfare, the central bank, and more. These are just some of the worst Hamiltonian views - some we already live under, while others will hopefully never see the light of day.
When the Constitution was ratified, the word necessary meant, well, necessary. But in just a few short years, that was changed to convenient, or useful, giving the federal government the nearly unlimited power it has today.