This video blows away any idea on how the average 'person' percieves the workings of the modern banking system. It goes into detail, using images and narrative, on the formation and growth of the banking system. Fractional reserve, how loans are issued and how money is literally created from thin air. It's funny, how the banking system has developed from it's humble beginnings, a simple Gold Smith whose vaults had been used to store gold, into the fictional money creating, gold less banks we have today. What's even funnier, is how they expect us to pay interest, despite more debt needed to be created in order to pay off the interest from an initial debt.
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