Comment: You've still haven't explained how it is fraud.

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In reply to comment: It is fraud (see in situ)

You've still haven't explained how it is fraud.

If the depositor knows the money is lent out and then they are profiting from the interest paid on their deposit, then how is there fraud?

Then you just go on making unsubstantiated claims that basically all credit leads to bubbles which has nothing to do with fraud or not.

You sound like one of those lefties who believes anyone who profits from his business is evil and then way overstate the profit and power they get (in a free banking system devoid of a central bank at least).