Banking Is Not Evil

[Danke]

Is there any key point you have in mind where he speaks against fractional reserve banking?

I already posted that. But keep saying anyone against the current system is "anti-Jew."

 

[heavenlyboy34]

FRB seems like a practice that couldn't survive in a free market. As such, there is no reason to outlaw it. If it would survive, then obviously only because people are accepting it. Negative consequences such as the devaluation of bank notes would only effect bank notes issued by fractional reserve banks, not by others, so there is no real problem here. If you don't want your notes to depreciate, go to a full reserve bank.

I agree. But an org that can maintain a full reserve wouldn't really be a "bank". As I mentioned earlier, it would be a type of safe security box. A full reserve bank would have to be non-profit or not offer any services beyond storing the FRNs (and I don't see that becoming a sustainable model without a LOT of fees).

 

[erowe1]

I already posted that. But keep saying anyone against the current system is "anti-Jew."

At what minute and second does it come up? I watched most of the video and never heard him mention it.

Also, I never once supported the current system or said that anyone against it is "anti-Jew." I'm against it. I'm just not against banks. That's what the OP is about. And, yes, if someone is against banks themselves, then I question what's really behind that. Sometimes people play games dancing around the issue to avoid explaining themselves, like what you're doing here. But other times, in moments of weakness, they give away where they're coming from. My remark was based on what I'd observed in those moments of people being less shadowy than you're being.