Thanks for that well thought out explanation. 

Seems like most of the time we get two different stories. One from the banking side telling their side of the story, another from the Austrian school of economics side emphasizing their side. But neither side ever tells the whole story. Some truth in both sides but very few of the public actually understanding the whole story. Not that anyone is trying to lie, but more lies by omission. 

We have an undereducated public when it comes to banking. I think a lot of times on purpose. It is a big profitable club and we ain't in it.