The Media Takes The Red Pill
You might be asking yourself, as I did, "Where are there mentions of all this in the media - why aren't I reading about this in the papers?" Well, mentions are there, but they're very few and far between. Listed below are some I've come across that should be verifiable.
1) Phrase;
"and a few rogue voices from the other side of the spectrum calling for the wholesale dismantling of fractional reserve banking."
Where to find it;
The Daily Telegraph in an article by Edmund Conway.
2) Phrase;
"Because the Fed can create money out of thin air,"
Where to find it;
Taki's Magazine the online magazine from Taki Theodoracopulos. It's from a column by Patrick J Buchanan and it's syndicated so it'll appear in more instances too. Try Googling.
3) Phrase;
"forcing the fractional reserve money multiplier to run in reverse"
Where to find it;
The Huffington Post, the 'Internet Newspaper' in an article by Bill Baker.
3) Phrase;
"the Bank of England is still able to rig the market in government debt by 'electronically' creating money, as required."
Where to find it;
The Irish Independent in an article by Nicolas Leonard.
4) Phrase;
"the Fed's efforts to aid the broken-down financial system by directing cash into dysfunctional private markets, using its own ability to create money"
Where to find it;
The Washington Post in an article by Neil Irwin.
5) Phrase;
"it can create dollars out of thin air"
Where to find it;
TIME Magazine (not, as you might consider, MAD Magazine) in a video article from Justin Fox explaining the the American's Federal Reserve Bank works (clue; it isn't anything to do with the government and there are no reserves).
6) Phrase;
"the power of the fed to create money out of thin air"
Where to find it;
The New York Times Blog in an article entitled "Critics Wail as Bernanke Basks in Praise"
7) Phrase;
"Paul nods to this in a brief discussion of the evils of fractional-reserve banking"
Where to find it;
TIME Online in a review of Ron Paul's 'End the Fed' by Justin Fox.
8) Phrase;
"Professor Kotlikoff, who advised President Ronald Reagan, has been pushing something far more radical: an end to fractional reserve banking, something that would change the face of finance as we know it."
Where to find it;
The Independent Online In a piece in Business News by Nick Clark, citing Mervyn King.
9) Phrase;
"fractional reserve banking"
Where to find it;
Published letter in the FT reproduced online from reader Ralph Musgrave.
10) Phrase;
"creating money out of little more than thin air"
Where to find it;
Article by Darius Guppy in the UK's Telegraph. Darius pretty much blows the whole scam out of the water and speaking of fractional reserve banking he notes "Just as incredibly, this fact – the key to understanding how the international financial system actually operates and why the world is in such a mess – is discussed virtually nowhere in mainstream circles: not in The Financial Times, not in The Economist, not in the broadsheets, not in Parliament, not in the City and not in the economics departments of most Universities". To which we might add, "Indeed".
Some will suggest this is a consequence of conspiracy - they're all in it together, the government, the bankers and the media. Big Everything against the little people. Perhaps indeed there's an element of that.
Possibly it's because the media are for the most part simply concerned with entertaining the great unwashed, buttressing prejudice and praising ignorance where they find them. Create a comfort zone where the ignorant and the uneducated may find succour. Once they're there, milk them.
This means you don't want to go alarming your intended marks with anything like education. You don't want to alienate them by serving up anything difficult to grasp.
Leaving the opposition (me and those like-minded) left with the difficulty of educating the public into the grim reality of what's going in. We get the hard stuff to do, the media takes the easy road and makes fortunes. Plus ca change, eh?
You might learn a great deal from monitoring these instances yourselves. Arguably at this time what's most significant is that there's barely a mention of fractional reserve banking in the mainstream media at all, instead you can read educated, informed and entirely rational discourse on the subject in the 'readers comments' section of our mainstream online newspapers. I invite you to check this for yourselves by setting up a Google Alert for the phrase "fractional reserve". You'll need a Google Account, if you don't already have one you can sign up for a Google Account here. Once you've done that you'll have access to a number of Google services one of which is called Google Alerts. Essentially you ask Google to send you a daily email detailing when it's found any new instances of mention of any specific phrase (you decide the phrase) in its index. It's pretty much self-explanatory and if you do have any problems there are help pages to assist you in setting it up. It's worth going trying this because you learn first-hand what's being discussed and by whom. As I have come to do over the past few years, you'll probably find yourself disbelieving the mainstream media and believing what's in the underground conversations. I imagine when that happens, you'll start to be as worried as I am...