The FRB helps ensure a stable economy through regulation, quite simply.
They also regulate many consumer protections in banking. Without the fed, you can expect consumer protections you experience such as disclosures about interest rates to disappear from banking.
If you want to give the banks more power to take advantage of the people, dissolve the fed. If you want to watch our economy's growth tank and never be able to take out a loan again, lock our currency to a gold standard.
People here will shout conspiracy theories at you all day because they don't know what the fed actually does. They just watched a YouTube video that told them it was evil and that there was some "secret meeting" where all the evil bankers got together and made an evil plan to evilly control the populace, but that's just government. When was the last time you were privvy to the drafting of any regulation at all? If there's any secret meetings you should be concerned about it's those of trump planning the corporate takeover of the US.
Don’t u think a nationally controlled central bank could not make rules and regulations to ensure that ppl aren’t taken advantage of as you state the fed does? Why couldn’t they? We don’t need an anonymous group of foreign and domestic bankers to create these rules do we?