Private Commercial Banks Create Money

I've just begun my second read of a great book THE WEB OF DEBT, THE SHOCKING TRUTH ABOUT OUR MONEY SYSTEM AND HOW WE CAN BREAK FREE by Ellen Hodgson Brown, J.D.

Her research reveals that the banks have been making up currency and that has got to stop. "Most money today is created neither by the government nor by the Federal Reserve. Rather it is created by private commercial banks." pg 25

Given the usury rates the banks have been charging us, the gross greed experienced in the financial crisis, and the flat out stupidity demonstrated by the financial community, it is best to return the federal reserve to the federal government and nationalize criminal banks so that our future financial security cannot be taken away by Bernard Madoff and others of his kind.