Great video series, I learned a lot. One thing that still confuses me is; where does the interest money come from? I'm likely missing something but it seems one of two things could happen, create more money or take it from Peter to pay Paul (constant $$ supply). In case one the money supply would increase contineously and in case two a few banks would end up with all the money. Percentage based so change would be exponential and doomed for failure either way. To say that banks are artificially propped up by tax payer money with the fractional reserve system seems to imply that the FDIC rescue of depositors keeps the banks free from risk. However; if they are allowed to fail when they undertake bad practices the depositors money is saved while the bad managers are fired and the stockholders(owners)lose their investments. This would seem to be an adequate deterrent to bad management.
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