Real Change Step Two: Replacing the Federal Reserve

Our thinking about the fair tax approach has reminded us of the fact that in our society money is a commodity generally distributed throughout the land, not in the first instance pooled in the hands of a few. The contrary impression has been created by the centralized banking system, which along with the income tax obscures the simple fact that goods and services (and therefore the money that represents their value) start life as widely distributed as the individuals who actually produce and per