fractional reserve banking

http://finance.townhall.com/columnists/mikeshedlock/2012/02/17/face_the_music_the_case_against_fractional_reserve_lending

http://andolfatto.blogspot.com/2011/09/fractional-reserve-banking.html Some others have already chimed in, i'll probably do so later too.

http://mises.org/daily/1905 Felt like reposting this

Well, I recently posted a topic in General Politics forum about Georgia's HB-3, sound money bill. Part of that bill includes a transfer back to gold/silver-backed currency, and the other part attacks the fractional reserve banking system. I'm already told by naysayers that a return to...

http://themarkettraders.com/content/how-banking-industry-works-and-why-fractional-reserve-banking-evil Andy

Mervyn King - the governor of the Bank of England - has proposed abolishing fractional reserve banking. As the BBC noted last week: Mervyn King, the governor of the Bank of England, has tonight made a big intervention into the debate on banking reform. In a speech at Buttonwood, New York, he...

Well that didn't take long. Oh and they want YOU to pay to keep it from collapsing! :rolleyes: http://www.washingtonpost.com/wp-dyn/content/article/2010/09/02/AR2010090202266_pf.html Kinda sounds like a shakedown to me but who knows. Wasn't the other Karzai outted as a CIA asset drug lord?

Everyone knows banks are in the business of taking money from savers and lending it out at a higher interest rate to borrowers. They make money from the difference in interest rates between the two parties. That's all right? Nothing else to see here. Wrong. There is actually much more than...

YouTube - The Fractional Reserve Banking Debate

As the New York Federal Reserve Bank explains on its website: Reserve requirements affect the potential of the banking system to create transaction deposits. If the reserve requirement is 10%, for example, a bank that receives a $100 deposit may lend out $90 of that deposit. If the borrower...

December 16, 2009 – One of the best explanations of fractional reserves comes from a polemical essay written in 1995 by Murray Rothbard, one of the prominent champions of the Austrian School of Economics: “Banks make money by literally creating money out of thin air, nowadays exclusively...

http://www.americanbankingnews.com/2009/09/03/fractional-reserve-banking-and-the-federal-reserve/ Editorial: Fractional Reserve Banking and the Federal Reserve September 3rd, 2009 • Related • Filed Under • by Gary I was reading the other day that the idea of getting rid of the Federal...

http://towneforcongress.com/economy/fractional-reserve-banking-in-pictures-part-12 Excellent pictorial explanation by Jake Towne, who is running for Congress in PA

YouTube - Ron Paul Madoff "Irrelevant SEC + Congress + Moral Hazard + US Gov't Ponzi Schemes" "FRB is a ponzi scheme."

As we discussed in many previous threads, there's a difference between A. Taking $10 in, lending $9, keeping only $1. vs. B. Taking $10 in, claiming to have $100, and lending out $90. vs. C. Taking $10, keeping it all. A. Is the typical bank operation of fractional reserve B. Is outright...

The US banking system is on fractional reserve banking, which Rothbardians say is bad enough, but what do they say about the central banks which do not impose reserve requirements at all? These would include the UK, Canada, Australia and Sweden for example. How does this square with...

http://www.elliottwave.com/freeupdates/archives/2009/07/01/Some-Thoughts-on--Fractional-Reserve--Banking-System.aspx Some Thoughts on the Fractional Reserve Banking System As Bernie Madoff starts his 150-year prison sentence, questions about safety of our financial system remain. By Vadim...

Case Against the Fed and Fractional Reserve Lending

...IF it were 100% voluntary and honest and open? I understand it's considered immoral and fraudulent if they don't tell all customers about their policies, but what if they did and they agreed? What's wrong with lending out 90% of the money if your clients agreed on both sides? What's wrong...

3 separate concepts that can be mixed or matched. Here's an interesting discussion on the subject I had with a pretty sharp cookie: http://tinyurl.com/db8rbr