[Buchal]

It’s simple: whenever a society confuses bank notes with money, and forces people to accept bank notes instead of money, the bank debt, compounding exponentially, overwhelms the economy’s capacity to carry it, and the whole thing crashes. The Fed decided to delay the crash by creating more debt, ensuring a bigger crash later. “Gold is money and nothing else”. J.P. Morgan (1912).

[Ann Archy]

WHO goes to the FED for LOANS???

[stompk]

whenever a society confuses bank notes with money, and forces people to accept bank notes instead of money,

what do you mean by "money"? silver certificates? physical gold?