If you don’t buy into the benevolence of governments and have looked into how this all might actually work, you probably ran into terms like fractional banking and the fact that the Federal Reserve is just as Federal as Federal Express – in other words, it’s private and by no means an agency of the government.
Here is a great video presentation on how our monetary system works…
This is only the first part but I am sure that you will be able to find the other parts easily if this first part was intriguing for you as it was for me.