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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