95% of money is created by private banks

Have a look at this excellent article on american hillbillys' site about the creation of money and how it's fueling the collapse in financial systems. Such as : "Moreover, inflation also serves to close the circle as it means that money only has one place in which it can easily seek refuge from its loss of value, and that place is a bank. Thus people, and especially those who are savers, are forced to protect themselves from the reduction in the value of money by looking for the shelter of a bank, which with this new deposit will be able to create yet more money and produce more inflation so that the wheel never stops turning. Inflation traps our money in the banking system and is the finest incentive that the system has for attracting deposits."
Written so even I can understand it! It gives no answers but I guess we are the silly poobums who want everything now and take 100% loans to buy 'the thing no one can do without'