Six Myths about Money and the Banking System

How is money created? If you ask average people on the street this question, most of them have absolutely no idea. This is rather odd, because we all use money constantly. You would think that it would only be natural for all of us to know where it comes from. So where does money come […]

Fractional Reserve Banking Explained – Fraud Becomes Legal

The gap between the very rich and the rest of us is getting bigger. Is the ‘trickle-down’ theory correct? Fractional-reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, and holds reserves that are a fraction of its deposit liabilities. Reserves are held at the bank as currency, or as deposits […]

Zika Freakout, Negative Rates, & Gene Editing

This week on the New World Next Week: The pandemic of panic spreads as the Zika freakout sets in; Japan welcomes negative interest rates as the central banks become even more desperate to maintain the bubble; and say hello to designer babies thanks to human gene editing. New World Next Week — the video series […]

Money, Banking and the Federal Reserve

Thomas Jefferson and Andrew Jackson understood “The Monster”. But to most Americans today, “Federal Reserve” is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound […]