Fractional Reserve Lending

Discussion in 'IntroSpectrum' started by SiFu, Jan 9, 2011.

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  1. SiFu

    SiFu Burning Down Babylon!

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    The Money Masters - How International Bankers Gained Control of America

    Its over 3hrs long....but well worth it...its the best Money documentary (American) I seen tbh....


    but Fractional Reserve Lending is this....if a bank has $10 in it....it can lend out $100 (or something like that)....and charge interest on it....so say they get 5% interest, thats $5....which is 50% of the $10....with that new $5 they can lend out another $50 and charge interest....so the profits they actually make is HUGE!!! the lending creates 'growth'.....however, when there is panic and people want to withdraw their 'money' there is a collapse of financial institutions and EVERYONE loses money (except the money masters who use it to buy up corperations on the cheap)....


    The documentary explains it much much better lol


    PEACE
    test
  2. SiFu

    SiFu Burning Down Babylon!

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    Yea I know its long...but trust me its worth it!!!!!!



    PEACE
    test
  3. Noncentz

    Noncentz Sieg Heil, M'fer!

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    Here is a better question.

    What is money? Who created it? Why use it?

    It really doesn't matter what it is, fiat, gold, electronic numbers... It's money itself that's the issue.
    test
  4. Your Idol

    Your Idol ♠♠♠♠♠♠♠♠♠♠

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    As ridiculous as the Obama administration has been at spending money, the FED has spent about 9 trillion dollars in the same amount of time.
    test
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