On fractional reserve banking
Sunday, October 12th, 2008Mark Gregory Turansky linked to a series of 5 YouTube videos not long ago. Although factually their content is true they are highly biased, trying to make you believe that the banks basically own the world and that all interest paid in the world somehow ends up as bank profit. It’s time for some fact checking and a discussion on what the real problems are and how they can be solved.... more