Understanding Money and Inflation

Modern economics is a subject that today's students must understand in order to protect their tomorrows. Inflation, the creation of money, and the regulation of the economy are explained.
the banks in fact create money from *nothing* to a leverage ratio of 30 to 1 (and more), and then profit from the interest on the money they created from nothing! Also it's not the "governments" that create the money directly, they borrow it from private banks *at interest*. Therefore the is *no way* to "balance" our current economy by increasing money supply without getting into debt servitude to private banks.



The issue is not what money is backed by but who controls its quantity. In history GOLD was used as the ONLY money standard in order to crash the economy into a depression. It is SILVER which is the key. When gold AND silver was in circulation the money was plentiful and the economy thrived . Then when they removed the silver standard you could only buy & sell in gold. This KILLED the economy. GOLD is scarce . Remember its who controls its QUANTITY that counts !