The Federal Reserve

http://www.lewrockwell.com/paul/paul53.html

Note for the confused:  the 'Federal' Reserve is private, not public. 

For clarity:  the Federal Reserve is a privately owned company. 

This organization is clearly unconstitutional, and no true supporter of Free Enterprise or the American Constitution should support it.

Not to mention it's effects on lower-middle class people on fixed incomes...

The Federal Reserve is a private company, however, the government supports it because it helps prevent runaway inflation/deflation.  Governments that adopt similar organizations have a currency that doesn't suddenly become worthless, like most of Africa.  The African Union is starting a continent-wide bank system similar to the Fed in order to balance its currency and prevent future instability.