The video, as it was said above, is probably a trash. But it introduced me to the topic, so I read a few things on the subject including this book: http://www.a

The video, as it was said above, is probably a trash. But it introduced me to the topic, so I read a few things on the subject including this book: http://www.amazon.com/Web-Debt-Shocking-Truth-System/dp/0979560829/ http://www.amazon.com/Web-Debt-Shocking-Truth-System/dp/0979... While certainly a bit hysteric, it's still a nice intro to the history of english-american monetary system. According to the book, the main problem is not the debt itself, but the banks that control it - they are all private. It turns out that federal reserve system is completely under private banks control: they issue new money to the government to raise the national debt and the government has to pay interest on it (which it wouldn't have to, if it had issued money itself).