According to this short movie on YouTube, we're all screwed because we have a central bank (the Federal Reserve Bank) that prints money and lends it to our government at interest, rather than the government just printing its own money for free (if I understand the argument - please correct if wrong).
Question: are there any countries on earth today that have a different system? If so, which are they?
Because as far as I know, every country has a central bank... right? (Not sure about Qaddafi's Libya, Saddam's Iraq, today's Iran, Syria, Venezuela, Zimbabwe, Russia, China, etc. - did/do they not have this system? Is that why we overthrow their regimes?)
And how were things different during those periods in American history when we didn't have a central bank?
Question: are there any countries on earth today that have a different system? If so, which are they?
Because as far as I know, every country has a central bank... right? (Not sure about Qaddafi's Libya, Saddam's Iraq, today's Iran, Syria, Venezuela, Zimbabwe, Russia, China, etc. - did/do they not have this system? Is that why we overthrow their regimes?)
And how were things different during those periods in American history when we didn't have a central bank?