I aim here to try to clearly distinguish between
[1] The printing of money,
[2] Jews and central banks,
[3] Banking as a business (and 'fractional reserves')
[4] The two-tier system,
[5] Forms of capitalism.
These issues are usually deliberately confused.
[1] Printing money: Money was, traditionally, something genuinely scarce and valuable like gold, silver, copper and iron, with local variations. There are debates on the meaning of 'value' which I won't discuss here. In Victorian times there were gold sovereigns, silver florins and so on in circulation. We now have money which is of little intrinsic value: paper, coins made of common metal, plastic cards. These new types of money of course have state backing. If the state withdraws its support, they become worthless: for example if new currency is decreed - in Soviet Russia, Tsarist roubles became worthless. All this is obvious enough and familiar to most people.
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