fractional reserve banking

I just find this first paragraph to be appalling: "Fractional-reserve banking is the banking practice in which banks keep only a fraction of their demand deposits in reserve (as cash and other highly liquid assets) and lend out the remainder, while maintaining the simultaneous obligation to...

Segued into the credit crisis? Exactly, and its even worse than just that. If the government needs $100, the fed changes the numbers in a computer so that the government has an extra $100. There's more to it of course but I'm simplifying things. So the government has their $100, which goes...

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What do you think of Sharia or Islamic Banking? Islamic banking has the same purpose as conventional banking except that it operates in accordance with the rules of Shariah, known as Fiqh al-Muamalat (Islamic rules on transactions). The basic principle of Islamic banking is the sharing of...

So I watched this video: http://www.youtube.com/watch?v=-r_-QRKyu6g Kucinich talked about the moral hazard of nationalizing banks. He's right about that. But his prescription of making the Fed part of the Treasury would be a moral hazard as well, because it would put monetary policy under...

Private insurance has existed for centuries and we all think it's good to have--even Ron Paul; however, my question is this: How can you be against fractional-reserve banking, extensive leverage and debt, or Ponzi schemes, yet not be anti-private insurance as it seems to encompass all of those...

Digg it! http://www.youtube.com/watch?v=QPBE15DIy8E There's a 'Share' link near the bottom-left of the video, under the rating stars. Click that if you have to, and click the 'Digg' link.

http://digg.com/politics/Ron_Paul_Fractional_Reserve_Banking_IS_A_PONZI_SCHEME Dr. Paul at his best.

Forgive me for my ignorance, but I don't see how loaning out 90 dollars of your original 100 and then getting it back with interest is fraud. I know I'm missing something here.

I just got finished watching "Money as Debt" for the 2nd time, and as far as i can tell, Fractional Reserve Banking is a corrupt system. I know i've seen some arguments in here in favor of FRB, but I can't figure out how this can be a good thing?

I don't really get how it's bad... I know the banks have 1000 dollars in reserve and wind up creating loans worth for 9000 dollars. But in the process they didn't gain 9000 dollars, they only gain interest on them (actually only the difference between the interest they pay on the money and the...

If a bank can lend money like this Take $10 Lend $9 Next bank lends $8.1 Then $7.3, 6.56, 5.9, 5.3, 4.8............. Doesn't that mean, banks can solve credit crunch and deflation by 1. Artificially charging high interest 2. Lend money to banks back and forth (but never letting Joes touch it)...

Fractional Reserve Banking as Economic Parasitism http://129.3.20.41/eps/mac/papers/0203/0203005.pdf

http://volokh.com/posts/1225805194.shtml and http://volokh.com/posts/1226288766.shtml .

if you've got the time.... http://www.scribd.com/doc/3123502/Fractional-Reserve-Banking-As-Economic-Parasitism-by-Vladimir-Z-Nuri?from_related_doc=1 Abstract: This paper looks at the history of money and its modern form from a scientific and mathematical point of view. The approach here is to...

I am making a website discouraging people to put money in CDs, savings, bonds. I want to know where we can read the official banking policies as to how much a bank can loan compared to what they actually have. Yes, the simple "you put in a dollar they can lend out 10" kind of numbers. I heard...

This was in my email inbox yesterday. This is the first Democrat I've heard of slamming the Federal Reserve system...Check out item #16 below: KUCINICH'S MAIN STREET RECOVERY PLAN Dear Friend, While Wall Street and the Bush Administration try to blackmail Congress into a $700 billion bailout...

EDIT: I think this is the link to download the talk: http://www.fee.org/Audio/YSC/FINAL%20YSC%20-%20Jeffrey%20Rogers%20Hummel%20-%20Why%20Fractional%20Reserve%20Banking%20Is%20more%20Libertarian%20than%20the%20Gold%20Standard.mp3 http://hnn.us/blogs/entries/53096.html...

THE SECRET BAILOUT OF JPMORGAN: HOW INSIDER TRADING LOOTED BEAR STEARNS AND THE AMERICAN TAXPAYER Ellen Brown, May 13th, 2008 http://www.webofdebt.com/articles/banking-bailout.php Post your comments here The mother of all insider trades was pulled off in 1815, when London financier Nathan...

Let me repeat, the problem is not with banks but the Fed. Fractional Reserve banking is a form of investment fot those who deposit their money in the bank. It is not guarenteed and that is why they pay you interest for it. If you guys don't want to deal with banks go dig yourself a hole and put...