Quote Originally Posted by HoreTore View Post
The only two things you have offered, is a claim that fractional reserve banking is a big, scary monster treathening our monetary system and that we would be better off on the gold standard.

I believe I have explained how fractional reserve banking is a fundamental part of how banks work(how else would they get money to loan out?), and how they have always worked, and that gold is just as arbitrary a currency as our current cotton is.

What more do you want to know?
No you haven’t. No new information there. Unless you care to go back and edit some in.

Just drivel because you think you might be able to convince someone that you think you smell a conspiracy. So you couldn’t possibly watch a video so were on the same topic.

You seem to be either a crypto conservative or a raving paranoid on the topic.

But seeing as how you already know it all, please share you knowledge.

If you know how it works then you also know the pitfalls. Care to tell us any of those?

Why must the money supply be ever growing? What is the result when it stops?

Tell us about business cycles and what they do.

Show us why it can just go on for ever and ever.