The thing about private banking is the big bankers are private bankers with the privileged of conjuring currency. They guard this with vigor and is the reason that most world leaders are killed.
When a world leader realizes that the bankers have a monopoly and this leader uses the state treasury to issue interest free currency the international bankers initiate destruction of that leaders country. (reject the hook and then send in the Jackal)
This to me is the definition of Socialism. The issuance of currency from the state treasury. A few examples of this is, Alberta Treasury Bank, Bundes banq, Abraham Lincoln's Green Back, Qudafi's oil for gold. Just to name a few.
It is the international bankers that push the hatred of socialist. and the destruction of public banks, which is the solution to the banker monopoly. We need to free ourselves! Why did UK love Germany in the 1930's? Germany issued it's own currency! Freeing itself from the cluches of the Bankers. Then came Churchill from now where and bombed the Germans out. The same for Qudaffi.
The solution to our problems is BITCOIN, State issued currency for projects, and the issuance of local currencies like Calgary Dollar. Only then will be free. 💪