KUNMING, China (PNN) - April 22, 2013 - In what could to grow into a class action in Fascist Police States of Amerika courts, a Chinese woman is suing the Federal Reserve after discovering that the real value of the $250 she put deposited into an account in 2006 had shrunk by 30%. She claims it was the result of the Fed issuing too much money, and her son and lawyer, Li Zhen, called the lawsuit "litigation for the public good".

Alleging "abuse of monopoly in issuing currency," the People's Court of Kunming has yet to rule on the litigants' demand that the Fed cease-and-desist from its quantitative easing policy. While this may seem frivolous, there are some interesting points being made that bear watching, as Li notes, since "the Fed is private institution (that) enjoys monopoly over the issuing of currency, US dollar holders can sue it for printing too much money."

Li is the first mainlander to file a lawsuit against a foreign country's central bank.

Li, who works at the Yunnan Tongbang Law Firm, said he referred to Black's Law Dictionary, the most cited legal dictionary in the FPSA, and concluded that the Fed is a private institution instead of a government department.

Li said he requested two things from the court - that the Fed halts the abuse of its monopoly over the issuing of dollars, and that it makes a "symbolic compensation" of $1. Asked about the possibility of whether the court will accept the case, Li said it was "difficult to say".

He said he was looking for more "victims" like his mother and expected to bring a class action in an FPSA court.