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8 Important Facts About the Federal Reserve

The debt-based economic model that we use today was evolved in the 1800s. The long-term effects of bringing money into existence as debt without creating the money to pay interest have taken many years to fully understand. There is nothing sacred about our system; it is just what we are used to.

Mathematically, our financial system will implode eventually. This will provide the opportunity to re-learn that these systems can be built however we choose.

The first crucial step is that enough people need to actually take an effort to understand what money is and how our financial systems actually work. The current downturn is certainly encouraging people to begin that education.

This article is in a great example of that process in action.