"Getting a handle on all of this is like wrestling a greased pig, greased with what Hans Sennholtz used to call "rhetorical Vaseline." Not only has there been an inflation of money, but an inflation of words. Calling money production, "money creation," may be the most presumptuous, putting bankers in the place of the Creator, but that is only part of the fraud. The confusion of words is designed to cover what at root is nothing but blatant theft. "Fiat money," "legal tender" are words and phrases carefully chosen to cover the inability to pay off debt in real money, gold. Perhaps the most successful of the terms, where expansion of the money supply is concerned, is "fractional reserve banking." Born in the banking abuse of the past, this permits banks to lend more money than they have. Truth would say that when you promise to pay a person back the $100.00 they have given you to hold for them, you hold it for them..."

Are You Worried Yet? - Book Two, Chapter 14 - How Did the State Become Savior? pg. 105