The Federal Reserve is a private business, I did not say to pay the debts by printing money , I said that is what I knew about money when I was little
Here you will find that president Kennedy issued an executive order against the Federal Reserve Bank, it is still valid but it's being ignored :
http://www.sweetliberty.org/issues/eo/eo2.htm
"A number of "Kennedy bills" were indeed issued - the author has a five dollar bill in his possession with the heading "United States Note" - but were quickly withdrawn after Kennedy's death. According to information from the Library of the Comptroller of the Currency, Executive Order 11,110 remains in effect today, although successive administrations beginning with that of President Lyndon Johnson apparently have simply ignored it and instead returned to the practice of paying interest on Federal Reserve notes. Today we continue to use Federal Reserve Notes, and the deficit is at an all-time high. "