3 votes

Fractional Reserve Banking

http://youtu.be/tuqP1OBpnu8 i made a video about fractional Reserve banking and the link i posted along with is a great video about how it rips us off!



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Yeah you anti-Fed types have

Yeah you anti-Fed types have no idea what the hell you're talking about.

First of all, the Federal Reserve doesn't do fractional reserve banking, private banks do that.

Secondly, Zeitgeist is proven bullshit from start to end. It's been refuted by both left and right and every other direction.

Thirdly, you freepers don't understand the utility of debt. I guess it's a self confidence issue.

on reguards to anti-fed

im not talking about zeitgeist but the federal reserve is still a terrible institution either way.

Albert Camus — 'The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion.'

Why? What do you have that

Why? What do you have that they're stealing?

stealing?

our dollar is devaluing and we have inflation so the prices rise!

Albert Camus — 'The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion.'

But you don't have any money

But you don't have any money anyway.

hey

so does anyone know what is bad about fractional reserve banking as oppose to just free markets banking?

Albert Camus — 'The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion.'