News for Freedom Lovers

@dgl1962 No. That is incorrect. Banks don't lend out their reserves (your deposits) -- that would be ILLEGAL. Banks CREATE the new credit to lend to you (at interest) out of THIN AIR. There used to be reserve laws, but those are now void. They invent the credit, and then lend it to you at INT...

To respond to the educational debate below... consider that government subsidies have INFLATED the cost of education and increased to the point so that students NEED loans. Thirty years ago, you could pay for your college education AND rent while working a part time job. Today, American student...

This interview is DEAD wrong. There's LOTS Americans can do to restore prosperity and freedom... but it takes some learning and action. Lowering taxes and allowing for competing currencies would ease off a dollar crisis and give both small and large business the breathing room to grow in America...

btw Ellen Hodgson Brown's book "Web of Debt" is a largely BRILLIANT book -- the Austrian Economists would disagree with her on a few points, but her system of money creation is brilliant -- and then let the free market rule!