OpEdNews - Page 2 of Article: Questions About Money for the American Public

13)   What problems are caused by deflation?

14) What segments of the population are hurt most by deflation?

15)   Who determines, and who should determine how much money should be in the national money supply?

16)   Is it possible to measure the money supply?

17)   Is economic theory the intellectual equivalent of religious dogma--"belief without reason"?

18)   Almost all businesses keep track of four basic business factors (1) income, (2) expense (3) assets and (4) liabilities. It is thought that it is necessary to keep track of these factors for the businesses to be under control. Does the U.S.A. keep track of those factors? If not, why not?

19)   Does Fractional Reserve Banking make sense? Explain the advantages and disadvantages?

20)   Why aren't the basics of money and banking taught in schools?

21)   Why isn't there a concerted national effort to make sure that the American Public understands, at least in general, how our money and banking system works?

22)   Does the federal reserve system effectively have control of interest rates within the United States?

23) Does the last question even make sense--in view of the fact that all interest rates are, in general, set by contract between two private parties and the government has no right to set the terms of contracts between private parties in the United States.

24)   Is new money actually created by banks when they make loans? Is there anything wrong with that system?

25)   If the banks did not create new money who would?

26)   Are banks exempt from anti-tax laws--should they be?

27)   Why do we have so few educational programs considering or money and banking system?

27)   Is it necessary for new money to be created in order to keep the economy in good shape? Who determines the amount to be introduced and how is the money introduced into the system?

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