EPISODE 7: Fractional Reserve Banking and Andrew Jackson’s Bankwar

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In this episode I talk about the basics of fractional reserve banking. I give examples of how the system works along with a website that you can interact with and see for yourself how the banksters make money, literally. I also tell the story of President Andrew Jackson and his war with the Second Bank of the United States. I talk about how The Federal Reserve Bank today is very similar with the same influence and power.

Links for this episode

Great article on fractional reserve banking

The detailed story of  Andrew Jackson’s Bankwar

Money as Debt Documentary

Interactive fractional reserve banking model website

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