Quote:
Originally Posted by the indigo
Anybody should watch "Money As Debt" on Youtube.
It's very well done and explains how the money works.
And guess what? 99% of the people have no idea.
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Is this more fractional reserve b/s? There is nothing wrong with fractional reserve in the BANKING system. There are regulations and backups put in place to keep things operating and it puts more 'money' into the system. This is not OMG bad like a lot of nutjob sites suggest.
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