Sorry OP but your pamphlet regarding the Fed is bad economics / inaccurate. I say this not to shut you down, but in the hopes that you can improve your understanding of the Fed and maybe the pamphlets you want to put out.
Regarding debt: This is how the monetary system works - the US treasury issues bonds, which the main member banks (JPM, Citi, etc.) buy and then sell off to the market. Sometimes the Fed buys these bonds from the member banks using money that it creates out of thin air. So the chain of events is: treasury sells bonds to banks, banks sell bonds to the Fed. The US being enslaved by debt is not directly the Fed's fault; it is the fault of the US Treasury for issuing bonds rather than just printing money debt-free. In fact, when the Fed does buy bonds, it pays back the principal plus interest upon maturity, meaning that the only time the US government DOESN'T pay debt is when the Fed DOES buy the bonds. I know it sounds counter-intuitive but you've been sold the libertarian line; the only debt-free currency that comes in to the economy is actually effected by the Fed buying bonds from the banks. If we want to get the government out of debt slavery, abolishing the Fed will do nothing. We have to convince the Treasury to issue its own money debt-free.
But that is not even TOUCHING on the issue of privately created money! Which is way, way more important than the Fed. How important? They (the banks) sell our own money supply to us at interest. Imagine if, instead of taking out a mortgage or a student loan, the US government effected a tax cut, a dividend, or an amount of government spending equal to that debt instead? That is the true price of bank-created money! Why does this happen? Because our government allows banks to create money, and always has, since even before the creation of the Federal Reserve.
Regarding inflation: this too, is incorrect, unfortunately. Complaining about "dollar devaluations" shows that you are still thinking of money as a commodity value, which it is not. Money is a means to an end, that end being: supporting the price structure of a functioning economy. If money suddenly and sharply gains value, debts become heavier, wages go lower, and you get mass unemployment and privation. If money gradually expands to such a rate that either its value is unchanged (rising supply of goods + rising supply of money = no change in value of currency) or decreases slightly (rising supply of money slightly faster than supply of goods), then debts soften, wages go up, and the people prosper. Again, you've been sold on libertarian economics of labor liquidation. This is the economics of Andrew "liquidate property, liquidate commodities, liquidate labor" Mellon, Pinochet, the neoliberal wreckers of Russia, and so on. It's vital to understand that inflation is not a tax on the middle or lower class (depending on how it is effected) but is in fact a tax on creditors and landlords. If the money supply expands via government spending, this usually means that wages rise relative to debts and property values, meaning that it is actually the elite parasite class which suffers. If the money supply expands via bank lending into asset and property bubbles, then everything but wages rises and that's what we have today… not very good…
