1% is the first book to give a genuine behind-the-curtain look at how banks really function and their impact on society. It reveals that banks create most of the money in an economy, not the state. It also shows why inequality and discrimination against out-groups are institutional. This book explains the banking mechanism that transfers wealth from the many to the few over time. It shows that, unlike almost all other industries, the banking sector enjoys unparalleled protection by the establishment against competition.
This book solves some mysteries, like the following: