Money in itself is worth nothing. Every bank note has written on it "I promise to pay the bearer on demand the sum of...". A bank note is nothing more than an IOU, thus the whole world operates in a state of debt, because the majority of people have nothing of any real worth. The mortgage you're trying to pay off is being payed off with IOUs. You are solely dependent on the bank, as is your boss who pays you. All the gold is owned by the big banks.

The true cause of recessions is entirely in the hands of the big bankers - e.g., Federal Reserve Bank of America. The big bankers supply the small high street banks with a supply of "credits". When the big banks pull the plug on the supply of credits to the small banks, the small banks have to stunt the supply of money to the public. Borrowing then occurs, which put the public and the small banks in more debt with the big bankers. This is how the rich get richer and the poor get poorer.

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