If you still don't understand the current financial crisis, I recommend that you take a look at "Money as Debt", and listen to a radio documentary put together by Chicago Public Radio and NPR called "The Giant Pool of Money".
"Money as Debt" is a primer on money creation/monetary theory, and "The Giant Pool of Money" is an entertaining look at the specifics of the crisis, and includes interviews with people all the way down the chain.
It's a starting point anyway, and should provide you basis for asking more questions about the crisis.
Wednesday, October 15, 2008
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more here:
http://www.guardian.co.uk/business/2008/oct/20/creditcrunch-marketturmoil-globaleconomy
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