JudeJin

The Real Battle Over America's Banking System

the root of the problem lies in the fractional reserve banking scheme, essentially a ponzi scheme.

i recommend anyone to read "the mystery of banking" by murray rothbard.

i think the 100% reserve banking proposed by rothbard is the solution.

depository institutions should be barred from making loans using deposits, which can be withdrawn on demand.

loans should be made using "risk" money, money raised for the purpose of taking up such risk.

the current system put the risk money and the non-risk money(deposits) in the same pool that the banks can make loans out of. this is pure cheating. period!

anybody who has the basic financial sense can see where the flaw lies.

the whole flawed system is legalised by the elites and foisted upon the financially ignorant people.

a revolution is needed, folks.