see http://www.debtloanpayoff.com to learn more. The dollar thats issued by the Federal Reserve, started in 1913 and has lost at least 96% of its value, because of Bailout after bailout and economic crisis has caused a lot more printing of the money supply. The authority of the Federal Reserve Banks to issue notes comes from the Federal Reserve Act of 1913. Legally, they are liabilities of the Federal Reserve Banks and obligations of the United States government. Although not issued by the Treasury Department, Federal Reserve Notes carry the (engraved) signature of the Treasurer of the United States and the United States Secretary of the Treasury.