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Fractional reserve banking float time

Cheapest vardenafil uk Comprar vardenafil generico Frackin’ Reserve – “How/Why” Fractional Reserve is Fraud (3/6) Jun 11, 2014

When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it. — Frederic Bastiat In Part 1 we looked at the mechanics of fractional reserve banking and the mathematics behind it. We also saw how absurd it could be when trying to divide by zero. Then in part 2 we looked at one perspective of “what is money” and defined it in terms of its relationship to wealth. It is now time to...

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Fractional reserve banking infographic

Frackin’ Reserve – What is Money? (2/6) Jun 10, 2014

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Frackin’ Reserve – Fractional Reserve Banking Mechanics (1/6) Jun 9, 2014

The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks. — Lord Acton This is a 6 part series. Part 1 explains the basic mechanics of fractional reserve banking in very simple terms with examples. Part 2 answers “What is Money?” for the purposes of the discussion. Part 3 illustrates how and why fractional reserve banking is fraudulent. Part 4 shows how the system can fall apart, and 2 attacks that the banksters can use to steal wealth from people. Part 5 examines usury and compound...

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