Comment: Then you know nothing of the actual history of banking...

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Then you know nothing of the actual history of banking...

If you believe what you say:

"While I would not seek to prosecute fractional reserve banks in a truly free market, they would not last and would be a poor business choice."

http://www.cato.org/sites/cato.org/files/articles/tir_14_04_...

http://www.youtube.com/watch?v=JeIljifA8Ls&feature=player_de...

In every case there was highly unregulated banking the consumer has chosen they would rather get interest on their accounts than pay a fee to have it warehoused.

http://www.freebanking.org/2012/07/13/more-dumb-anti-fractio...

http://www.freebanking.org/2012/07/17/banknotes-are-not-and-...