The Federal Reserve expanded its balance sheet by over $1 trillion. Bloomberg says they have over $9 trillion in “off balance sheet transactions.” As tax payers that expect their government to be financially accountable with their money this beckons to ask, “Who is keeping track of the trillions the Federal Reserve says is helping the US economy?”

The Fed’s activities are monitored by an Inspector General, which “conducts independent and objective audits, inspections, evaluations, investigations, and other reviews related to programs and operations of the Board of Governors of the Federal Reserve System (Board)” which “promote integrity, economy, efficiency, and effectiveness; help prevent and detect fraud, waste, and abuse; and strengthen accountability to the Congress and the public.” Watch this short video with the “Inspector General” official and you decide if they doing a good job of oversight.

Scripture says there should be righteous judgment in weights and measures. “Ye shall do no unrighteousness in judgment, in meteyard, in weight, or in measure. Just balances, just weights, a just ephah, and a just hin, shall ye have: I am the LORD your God, which brought you out of the land of Egypt. Therefore shall ye observe all my statutes, and all my judgments, and do them: I am the LORD” (Leviticus 19:35-37).

It’s always easier to spend, without accountability, someone else’s money.