Fully Reserved Banking

Posted: March 7, 2014 in Fractional Reserve Banking
Tags: , ,

There is indeed an alternative theory which seeks to replace the failings of Fractional Reserve Banking, and reasons that a bank should only create loans which are 100% backed by Government created money, therefore eliminating their ability to become the main source of credit and profit from their special position.

The following article explores how this could potentially work and gives an insight to its pros and cons

Although it’s an unrealistic goal given the power of commercial banks in the fiat system, this article is very frank in its admission of how money is brought into existence and the monopoly power of bankers. Just one example showing how mainstream media does not hide this truth, but rather no one is listening/reading and these voices are simply being drowned out by other distractions

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s