Screwed by Federal Reserve Notes

Federal Reserve Notes

Federal Reserve Notes are printed and lent AT FACE VALUE PLUS INTEREST to the United States by the Federal Reserve System.

The United States Code reads:

Title31 § 5115. United States currency notes
How Current is This? (a) The Secretary of the Treasury may issue United States currency notes. The notes—
(1) are payable to bearer; and
(2) shall be in a form and in denominations of at least one dollar that the Secretary prescribes.
(b) The amount of United States currency notes outstanding and in circulation—
(1) may not be more than $300,000,000; and
(2) may not be held or used for a reserve.

So I ask you.  Why should we borrow Federal Reserve Notes AT INTEREST when we could print the necessary amount of “United States” currency for the cost of ink and paper?

We are so screwed, America!!

Publius