Banking System

In class we saw a video called ZEITGEIST where we could get a better understanding of how money is created. Money is created by debts. The reserve banking system is the entity in charge of the money of the United States. The government of the US asks for a loan to the federal reserve and then that money is put in circulation. Then people ask for loans and they have to pay interests and that is how banks and the government makes money. The world will never be debt free, People will always have debts because money is created from loans.
"Money is debt and debt is money"

Money is created in the bank and it goes back to them. The amount of money that is printed and in circulation in the US is only 3 percent of all the money that they use. The money in reality does not exist. And banks loan a lot of money to other countries knowing that it can not be payed back, so they take advantage and ask for lower prices on products like oil or military bases all over the world. And at the end it is always the higher class people that are privileged by this system