Almost have it
I always welcome it when someone tries to learn or understand something new, especially if I’ve been a source of that inspiration. Previously I responded ...
Category: Fractional-reserve banking
And that is not banking
Article: “And That Is Banking” Recently this article came in as a trackback to my article on fractional reserve banking. Now the author classifies t...
The National Debt does exist
Mike Norman over at The Street recently shat out an article called “The National Debt: Why fret over something that doesn’t exist?” And how do...
Accounting for Fractional Reserve Banking
Fractional reserve banking. “Creating money out of thin air”. Debasing the currency. It can certainly be a confusing concept. Banks we are told have...