Yes, but you also need to understand the mechanism of power, the money and the power to create it as interest-bearing debt for the personal gain of the issuers. As Frederick Soddy wrote in 1934, "To allow money to become a source of revenue to private issuers is to create, first, a secret and illicit arm of the government and, last, a rival power strong enough ultimately to overthrow all other forms of government." To ignore the money is to ignore power and that has long been the job of the economist, to use complexity to claim sophistication while hiding simple truths, if they even know what they are. They provide cover for how the finance system actually operates and most don't even know how it actually operates.

A money system based on personal gain of the issuers is usury, a sin which has been ignored for so long assuming the economy can't work without it. Of course that is the Big Lie, we have and we can do much better without privately issued debt-money. Look into the psychological consequences of our debt-money system as well as the physical, both are destructive. We can reverse this by changing the money from debt to asset, from personal gain to public care. Its just a matter of law and the legislation is already been written, yet it is broadly ignored. Curious.