Every day, banks create money out of thin air. Private bankers make decisions that reduce the purchasing power of our savings and take on risk that can harm the value of our homes and destroy our communities.
Greg Coleridge, a freedom struggler who works as the Director of the Northeast Ohio AFSC, is one of the best thinkers on economic justice. He has created a succinct summary of how the money system works against us, democracy, and rewards elite bankers.
Also, here is a good primer on fractional banking:
PS – If you know a student studying math and they have haven’t discovered the Khan Academy – pass on the the website to them!!!