Banks Are Creating Our Money — And It’s Not Working for the Rest of Us

This article was posted originally at the Epoch Times. The one force that causes the most harm in our economy also happens to be the least well-known and understood. While the left blames greedy corporations and individuals, and the right blames the government, it is in fact the collusion between the government and private banks that leads to problems like environmental degradation, unemployment, income inequality, and many more. In the United States and most other countries, the government grants private banks the right to create money out of nothing and forces individuals to accept said money as legal tender and to use

This Dodd-Frank Provision Has Caused Serious Issues. Will Congress Repeal It?

As the House of Representatives prepares for a vote on the CHOICE Act (a financial reform bill), behind the scenes, policymakers are considering the removal of the legislation’s most critical component — a repeal of the Durbin Amendment. The CHOICE Act without Durbin-repeal is like U2 without Bono. Sure ‘The Edge’ can still jam and all…but what’s the point? A bill purporting to create “opportunity for investors, consumers and entrepreneurs” must address the elephant in the room — the multi-billion dollar drain on investment caused by Durbin’s provisions. The Durbin Amendment, passed via Dodd-Frank, set government price controls on how much