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RE: The Mathematics of Fractional Reserve Banking

in #mathematics8 years ago

The biggest problem is that offshore bankers, who basically own our central banks, print our OWN money and then lend it back to us with compounded interest attached to it. Combine that with fractional banking and you get the nightmare financial system we currently have all over the world. The power to print money needs to return to the people and their governments. They would be able to print money and spend it into existence with no interest attached. Giving the power to print a nations money to private individuals is a recipe for tyranny and destruction.