FRACTIONAL RESERVE BANKING

All banks must keep a reserve of currency on hand for withdrawals.  The Federal Reserve sets that reserve limit. If a bank reserve limit is set at 10 percent, for …

THE FEDERAL RESERVE AND CENTRAL BANKS

“By far the most secret and least accountable operation of the federal government is not, as one might expect the CIA, DIA, or some other super-secret intelligence agency. The CIA …

A LITTLE HISTORY OF MONEY

Currency is not the same as money. Currency is cash and it is mere paper issued by the governments, based on pure faith in its value. There is NO value …