The Banking system

Let me introduce you to the most corrupt system in the world.  The U.S gov't is a close second.  What I am talking about is the U.S banking system.  Here is how it works:  Banks make no money when loans are paid back, it would be like if I gave u ten dollars and you paid me back two days later, i.e no profit.  So how do banks make their money?  Simple; off interest.  When a bank makes a loan, they charge interest.  This creates a system where the bank no longer wants the actual loan money back, but rather to continue to collect interest on it.  Now, here is where the system begins to get tricky.  Since banks only truly have the money that they make off interest, it SHOULD be limited in the loans it makes.  Instead what the bank does is loan money that isn't truly theirs.  How? by loaning out other peoples money hoping they will have it back by the time the person wants it back.  In other words the bank has $10, and John comes in and deposits $20.  Then Bill comes in looking to take out a loan of $25, the bank doesn't have $25 of its own dollars, so in order to make money off interest, they loan Bill their own $10 and 15 of Johns dollars.  Now this system works out fine in Bill pays the loan back before John wants his money.  But if John comes to collect his money before the loan is payed, it simply isn't there.  So how does the bank fix this problem?  They do the seemingly impossible, loan invisible money.   How is this possible?  Well before the Federal Reserve came along, it wasn't possible.  However, with the introduction of the Fed, the banks can default this debt to Congress, problem solved right?  But woops, Congress has no money.  So now what? It, predictably, goes to the Fed.  It, again, has no money, but wait a solution!  The Fed can print its own money!  So the Fed gives this money to the banks, problem solved, right?  But wait, there's a glitch.  This money that goes to the bank doesn't stay there, it enters the market and mixes.  This sends inflation through the roof, and mysteriously your money devalues, i.e prices go up.  But wait there's more.  This system encourages banks to make risky loans to big buisness, because they have no fear of defaulting and the promise of mega-bucks off interest.  This not only hurts small buisnesses who are unable to get loans, but it also kills the taxpayer who is paying for the bailouts.  This is exactly what happened in '08.  Banks defaulted on thousands of reckless loans and the taxpayer, under the cover of 'too big to fail', picked up the tab.