"Reducing U.S. Debt and Creating Jobs Through Public Control

of Our Money System

 

(Wrong on all counts)

 

The irony is that these three provisions would institutionalize

 

what most Americans falsely believe already exists:

 

That the Federal Reserve is public.

 

That banks only loan money that they possess.

 

That the government creates our money.

 

Wrong on all counts."

 

http://www.huffingtonpost.com/stephen-zarlenga/reducing-us-debt-and-crea_b_857230.html

http://www.huffingtonpost.com/stephen-zarlenga