fiat money

Some of my otherwise level-headed friends appear to have been taken in by theories about how the fractional reserve banking system is somehow a major problem. Specifically, they've been impressed by the book 'Web of Debt' by Ellen Hodgson Brown. It's a thick volume, but my initial impression is...

I have been trying my best to research the Monetary system and fiat Money as of late. I am doing so because i see alot of discussion around the political scene about how much better a Monetary system is, and how a Gold standard is terrible and could never work. I was wondering if anyone here...