'Banks are the Government of the Economy'

unless we end the fed and change the "Debt Based Money System".......nothing will change...........from econintersect.........

"Borrowers are not economically sovereign because we are not monetarily sovereign. We can only “do” what money issuers lend us money to do. Bankers, not governments or private borrowers, decide what will be done (and who will be lent money to do it) and what will not be done (and who will not be lent money).  Money is the direct “governor” of the economy, and money issuers are the effective “government”.  And that is the banks.

The whole virtuous mechanics of MMT soft currency economics breaks upon the rocks of this reality, that our government is not the issuer of money but a user of money just like we are. Contrary to the position of conventional MMT, the end of the gold standard did not free the government to create as much money as it needs. It freed the banks to create as much money as borrowers were willing and able to borrow".........READ MORE