The Real Story on Banking

This website is not banker approved! Use the filters below to see banking and money topics.

Is Bitcoin Money or a Speculative Commodity?

THE PUBLIC PERCEPTION: Currently very trendy. Most of the public don't know what to make of it, but they know it has gone up in value.

Cryptocurrency

Fiat Currency

Is Non-Governmental Control of Bitcoin a Good Thing as Bitcoin Enthusiasts Claim?
The fact that a government does not control Bitcoin is promoted as a major positive by Bitcoin enthusiasts, but it bodes poorly for Bitcoin's future. Cryptocurrency enthusiasts promote the idea of government-less currency without realizing that the history of cur

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The Distinctions Between Currency vs Money vs Cash

THE PUBLIC PERCEPTION: The public may not know the distinction between these three. And even experts seem to disagree as to the proper distinction between currency and money.

Paper Money

Fiat Currency

Executive Summary

The terms currency, money, and cash are used in ways that defy specific definitions that one would ordinarily assume.
We explain the usage of these terms.

Introduction

The terms currency and money are often used interchangeably. Many of the def

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The Hidden History of the US Greenback

THE PUBLIC PERCEPTION: The public does not remember what these were.

Paper Money

Fiat Currency

Executive Summary

The greenback was debt-free money issued during the US Civil War and was critical for the North.
It is nearly impossible to find coverage of the greenback in mainstream economics.

Introduction

Abraham Lincoln created the Greenback and wanted th

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Paper Money Issued by Public Central Bank (PMIPCB)

THE PUBLIC PERCEPTION: This is a system virtually no living person has ever experienced.

Paper Money

Fiat Currency

Executive Summary

This is one of the major types of money.
The important feature is "who" issue the money.

Introduction

This is the most desirable state of affairs for central banking and has numerous examples of being successful including The US Greenbacks, the

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Paper Money Issued by Private Central Banks (PMIPCB-NP) (not pretending to be government entities)

THE PUBLIC PERCEPTION: Only members of the public that study banking would be aware of this.

Paper Money

Fiat Currency

Executive Summary

This is one of the major types of money.
The important feature is "who" issue the money.

Introduction

Many banks historically issued their own currencies in the US. This is particularly true during the 18th century in a period referred to as "w

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Paper Money Issued by Private Central Banks (PMIPB-P) (Pretending to be government entities)

THE PUBLIC PERCEPTION: This is the only system of currency most of the world's population knows.

Paper Money

Fiat Currency

Executive Summary

This is one of the major types of money.
The important feature is "who" issue the money.

Introduction

The success of paper money greatly depends upon whether a government or private bank issues the currency. When the government issues the curre

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The Continental Script: Profiled Debt Free Money

THE PUBLIC PERCEPTION: The public is not aware of the Continental Script.

Paper Money

Fiat Currency

Executive Summary

US Continental Script was the debt free money that followed the US Colonial Script.
This is yet another example of a successful debt free money.

Introduction

The Continental Script was government-created money not based upon debt that was issue

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US Colonial Script: Profiled Debt Free Money

THE PUBLIC PERCEPTION: The public today has no recollection of this. The public is not informed of any non-debt based money that ever existed in the US.

Paper Money

Fiat Currency

Executive Summary

US Colonial Script was the debt free money that allowed the colonies of America to flourish.
Today it is nearly impossible to hear about this debt free money, particularly from any mainstream economics source.

Introduction

The strong economic p

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Introduction to The Real Story on Banking

This site is desgined to allow a user to filter on a wide variety of banking topics and find some of the best sources on how banking really works -- not the mainstream economist or private banking interest explanation of how it works. The objective of private banking interests is to keep the public in the dark on these topics by either lying, shrouding them in mystery, or distracting the public to other topics.

Step 1: Review and Filter the Banking Topics

In Part 1: you can filter the by important characteristics and see the Nobel Prize winners.

Step 2: Check the References

The reference links are included in the individual entries and also in a table form at the Reference page which is accessible from the menu.

Step 3: Communicate and Share the Website

The private banking interests and the media they support do not want people to understand the topics explained in this website. There is a reason these entries will seem so different from what you may be used to reading, and it comes down to financial bias. The intent of the website is to make a large body of knowledge accessible to people, and you can help out by sharing the website with people you know. Anytime you filter the topics, it creates a specific URL, so you can also sent a specific filter of topics or even a single topic as a link to anyone you know.

The Real Story on Banking

This website is not banker approved! Use the filters below to see banking and money topics.

Is Bitcoin Money or a Speculative Commodity?

THE PUBLIC PERCEPTION: Currently very trendy. Most of the public don't know what to make of it, but they know it has gone up in value.

The Distinctions Between Currency vs Money vs Cash

THE PUBLIC PERCEPTION: The public may not know the distinction between these three. And even experts seem to disagree as to the proper distinction between currency and money.

Executive Summary

Introduction

The Hidden History of the US Greenback

THE PUBLIC PERCEPTION: The public does not remember what these were.

Executive Summary

Introduction

Paper Money Issued by Public Central Bank (PMIPCB)

THE PUBLIC PERCEPTION: This is a system virtually no living person has ever experienced.

Executive Summary

Introduction

Paper Money Issued by Private Central Banks (PMIPCB-NP) (not pretending to be government entities)

THE PUBLIC PERCEPTION: Only members of the public that study banking would be aware of this.

Executive Summary

Introduction

Paper Money Issued by Private Central Banks (PMIPB-P) (Pretending to be government entities)

THE PUBLIC PERCEPTION: This is the only system of currency most of the world's population knows.

Executive Summary

Introduction

The Continental Script: Profiled Debt Free Money

THE PUBLIC PERCEPTION: The public is not aware of the Continental Script.

Executive Summary

Introduction

US Colonial Script: Profiled Debt Free Money

THE PUBLIC PERCEPTION: The public today has no recollection of this. The public is not informed of any non-debt based money that ever existed in the US.

Executive Summary

Introduction

Introduction to The Real Story on Banking

Step 1: Review and Filter the Banking Topics

In Part 1: you can filter the by important characteristics and see the Nobel Prize winners.

Step 2: Check the References

The reference links are included in the individual entries and also in a table form at the Reference page which is accessible from the menu.

Step 3: Communicate and Share the Website

Contact us at support@brightworkresearch.com