FRB = Fractional Reserve Banking
I'm sure I saw a great one a few years ago, but can't remember where it is.....
I guess this is a good start:
http://www.positivemoney.org.uk/
Best online video to explain the FRB system?
Moderator: Peak Moderation
Best online video to explain the FRB system?
Olduvai Theory (Updated) (Reviewed)
Easter Island - a warning from history : http://dieoff.org/page145.htm
Easter Island - a warning from history : http://dieoff.org/page145.htm
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Re: Best online video to explain the FRB system?
We don't use FRB, we use capital adequacy i.e. you can lend out X times the amount of capital that you hold (X may be adjusted for different risks). In other words, if your bank has enough capital, they will loan out 100% of any money you deposit with them,Bandidoz wrote:FRB = Fractional Reserve Banking
I'm sure I saw a great one a few years ago, but can't remember where it is.....
I guess this is a good start:
http://www.positivemoney.org.uk/
Peter.
Does anyone know where the love of God goes when the waves turn the seconds to hours?
- UndercoverElephant
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Money as Debt:
http://www.youtube.com/watch?v=jqvKjsIxT_8
The Secret of Oz:
http://www.themoneymasters.com/mm/
http://www.youtube.com/watch?v=jqvKjsIxT_8
The Secret of Oz:
http://www.themoneymasters.com/mm/
"We fail to mandate economic sanity because our brains are addled by....compassion." (Garrett Hardin)
- emordnilap
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