US Congressman Explains Monetary Reform

Words of wisdom from US Congressman Dennis Kucinich here:

Why is it so important to rescue the banks at the expense of the economy? It really comes down to “Who creates our money? And for what?

Banks create our money supply when they make loans. If banks don’t make loans, we lose our money supply. This gives banks enormous power, because they decide what gets funded and what doesn’t. And they can hold us to ransom when they got it wrong.

This is serious problem for democracy!

Let’s take back control over our monetary system and fix our economy!