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Any one cares ?

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Thread replies: 13
Thread images: 5

A major problem mentioned throughout this series is the fractional reserve principle that the current private banking system operates in, that has monopolized the control of credit in the economy.
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This is retards fascinated by learning what is taught in every high school.

No, fractional reserve banking isn't a scam, and it isn't being exposed.
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>>975657

>it isn't a scam, and it isn't being exposed, so there!
lol this goy
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>>975600
>A company which also refuses to reveal the name of its owners
Literally what? The stockholders of each branch bank are the MEMBER banks. I seriously don't know what you conspiracytards are on about this time.

What will this say in a year when the FFR is about 4%, since the 0% interest rate is apparently proof of conspiracy?
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>"Middle man"
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>>976169
>>976432
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>>976437
/pol/'s ability to completely forget about every single one of their massively failed prophesies and still shout "/pol/ is always right!" is uncanny.
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>>976560

Even though the market just went through a correction around that time.
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File: AlexJones.jpg (16KB, 245x245px) Image search: [Google]
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Tell me the advantages of full reserve banking
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>>976560
Naw, they were just joking.

>my face when people took /pol/ seriously when they said Ebola was going to end the world
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>>976849
Also, in case there's someone who didn't understand, I was sarcastic. They got super overconfident when stated the obvious about Zimmerman.
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>>975600
This is basic banking and it has been around for centuries.

It is tied to the default rates of loans.

Bank can loan 9 dollars for every 1$ in reserve.

http://www.federalreserve.gov/DataDownload/Chart.aspx?rel=CP&series=593ce926936cbd64b3c79b960a792b85&lastObs=520&from=&to=&filetype=csv&label=include&layout=seriescolumn&pp=Download&names={CP/RATES/RIFSPPNAAD01_N.B,CP/RATES/RIFSPPNA2P2D01_N.B,CP/RATES/RIFSPPFAAD01_N.B,CP/RATES/RIFSPPAAAD01_N.B}

We're all fine on that front currently but if it creeps to .8 Have some fingers on the sell button. correction is immanent.
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>>975600
Except without credit from banking, growth would come to a standstill. The economy would be destroyed overnight.

>Federal Reserve is a privately controlled business
Oh boy, why did I even bother replying to OP.
Thread posts: 13
Thread images: 5


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