Even Greenspan supported a fractional reserve banking system, but fraction reserve banking is responsible for the creation of inflation, and it is a fraudulent practice. Does anyone else here have an opinion on this economic issue?
so are you saying that fractional reserve banking is what takes place now...with the federal reserve and commercial banking system??
Money: Fractional Reserve Banking Is Fraudulent
in Economics
Posted
so are you saying that fractional reserve banking is what takes place now...with the federal reserve and commercial banking system??