What Is Free Banking, and Why Should I Care?

The establishment has invested heavily in the current system, including the education of the system.  There is a pervasive thinking that our current system is the ‘best’ and the ‘only’ modern financial system viable.  But history has shown more than 50 examples of free banking systems (not managed by central banks) that have produced excellent results.

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Going back to the 'USA is Exceptional' meme- yes this is true! But it's not necessarily a good thing (just like, being positive isn't always good, for example it's not good to be HIV positive). USA has the highest per capita prison population - and is exceptional in a number of areas. USA is number one in terms of real GDP, and last in many other terms. One thing that the USA is last in - FX.

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