Comment: Fractional Reserve Banking is a Ponzi Scheme

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Fractional Reserve Banking is a Ponzi Scheme

#1) The best resource that addresses this is Money, Bank Credit, and Economic Cycles by Jesus Huerta de Soto:
http://library.mises.org/books/Jesus%20Huerta%20de%20Soto/Mo...

#2) From what I understand, the issue is not even debateable that Austrian economists including Rothbard, Hoppe etc are against fractional-reserve banking and promote 100% reserve banking.

#3) Before the Federal Reserve System in 1913, we still had booms and busts primarily due to the fraudulent fractional reserve systems.

#4) There is absolutely no reason why a deposit contract and loan contract should be combined:

Read: Why it is Impossible to Equate the Irregular Deposit with the Loan or Mutuum Contract pg 119 of Money, Bank Credit, and Economic Cycles

#5) Fractional-reserve banking is the reason we had bank runs and panics all throughout history. There would be NO bank runs with 100% reserve banking.

#6) Fractional-reserve banking is just as detestable as the Federal Reserve Bank and until people understand this, it won't matter if we End the Fed.

9-11 Media Fakery: Did anyone die on 9-11?
http://www.cluesforum.info/

http://www.septemberclues.info/

9-11 Actors:
http://www.youtube.com/watch?v=6aPvJSQtmoE

Pysops.. media.. actors.. propagandists... disinfo agents.. fake videos.. fake photos