The Daily Paul has been archived. Please see the continuation of the Daily Paul at Popular Liberty.com

Thank you for a great ride, and for 8 years of support!

Comment: And you went on a long winded rant...

(See in situ)

In reply to comment: Who writes the contract fine print? (see in situ)

And you went on a long winded rant...

Which totally avoided the point I was trying to make and didn't address my argument at all.

I'm not endorsing such a system. I'm not endorsing central banks.

I'm saying that loaning out deposits in itself isn't fraudulent because it is well known this is what banks do.

I endorse "Free banking" and no central bank. Just private banks competing each other in an unregulated environment. Laws against fraud are fine, but if the banks aren't hiding or lying about how their banks operate then there is no fraud.