American economy

Debt-damned economics: learn monetary reform or kiss your assets goodbye. 2 of 2

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There are five topics to understand for civic competence in creating and managing money. The first four are standard to economics curriculum; the last is rational analysis. The first three topics are in the first part of the article; this has the final two:

Money and bank credit.
Fractional reserve banking.
Debt (public and private) and money supply.
Historical struggle between government-issued money and private bank-issued credit.
Cost-benefit analysis for monetary reform in your world of the present.