So getting money from an ATM that you don't have deposited isn't theft?
Do tell.
I've proved to you using your own "schooling" materials that you are mistaken. Why don't you post some supporting documentation for your claim? Or are you too "super intelligent" for that?
Your mistake was to bring your opinion and present it as undisputed fact and not having anything to back it up.
Then go troll through the Federal Reserve Act and quote the definitive parts of that saying so.
Let me show you how.....again:
These assets are generally Treasury securities which have been purchased by the Federal Reserve through its Federal Open Market Committee in a process called debt monetizing. This monetized debt can increase the money supply, either with the issuance of new Federal Reserve Notes or with the creation of debt money (deposits). This increase in the monetary base leads to a larger increase in the money supply through fractional-reserve banking as deposits are lent and re-deposited where they form the basis of further loans.
This is from the Federal Reserve Act. that you linked to. Why are Treasury Securities purchased by the Federal Reserve if it a Gov't institution without shareholders?
Or just you're bored because you can't back up those claims.