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[–] cynoclast 0 points 3 points (+3|-0) ago 

The central banks of the United States, England, and German - as well as 2 Nobel-prize winning economists - have all shown that banks create money out of thin air ... even if they have no deposits on hand.

The failure of most governments and most mainstream economists to understand this fact - they instead believe the myth that people make deposits at their bank, and these deposits are then lent out to new borrowers - is the main cause of our rampant inequality and economic problems.

Not just governments and mainstream economists, but the populace at large.This quote attributed to Henry Ford says it best:

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.