Very good point (s) I wrote this primarily for someone that had NO idea what the Fed is or has any real understanding of economics...so I tried to keep it basic for her benefit. I figure I gave her enough to get a fundamental understanding of fractional reserve banking. I have another blog I wrote on Lincoln: Death of a Republic: Stinkin Lincoln, Statism and the Articles of Confederation that includes an excellent video about Lincoln. If you're interested and can't find it on here, www.quitliano.blogspot.com Thank you for your comment and appreciation!