The recent Bloomberg National Poll indicates that the majority of U.S. citizens are dissatisfied with the U.S. Federal Reserve and believe that the organization responsible for the nation's independent central bank should be dissolved or else taken under tighter federal control.
Both major political parties have blasted the Federal Reserve in recent months - the Democrats indicate dissatisfaction with the role the Fed played in the financial collapse, while Republicans blame the Federal Reserve for failing to revive the economy and decrease the unemployment rates.
"The Fed had to do extraordinary things to keep us from going into a great depression, and the public doesn't see it this way," Lyle Gramley, a former Fed governor, told Bloomberg. "The last time we had any really severe criticism of the Fed was in the early 1980s, when the Fed was pursuing this brutally tight policy to keep inflation under control."
Just under 40 percent of survey participants wanted the Fed to be more accountable to Congress, while 16 percent argued that the branch should be abolished.
The tough economic times have left many people struggling to pay off credit card debt in order to save money. According to MSNBC, those who want to eliminate their balances should stop using credit cards altogether.