> it sounds like you are in the grip of that "money as debt" video I wouldn't word it that way. The movie, whether you like it or not, raises some valid points

> it sounds like you are in the grip of that "money as debt" video I wouldn't word it that way. The movie, whether you like it or not, raises some valid points, and I think calling the whole system a debt-money system is a good thing, at least it raises awareness about it's nature. Most people don't have the slightest clue how money is made. Not only that; but I think it's more accurate, factual, and honest to call it debt-money rather than "fractional reserve banking". Fractional reserve can have a different meaning: it could mean you lend out most of what people entrust you with. That would still be a fractional reserve, because you're only keeping a fraction of what's in your trust. > but just like real hacking, there's another side. Such "hacks" expose weaknesses, inefficiencies, and irrationality. These hacks are legalized and institutionalized, it's basically a whole industry. It's very main stream stuff.