Not with fractional reserves. The banks lend out much more money than what really exists. It is only appear wealth. True wealth is out right ownership of tangible assets.
37 posted on 01/16/2016 11:00:19 AM PST by Rusty0604
Not with fractional reserves. The banks lend out much more money than what really exists.
Banks can't lend out more than they take in.
78 posted on 01/16/2016 11:44:59 AM PST by Toddsterpatriot
("Telling the government to lower trade barriers to zero...is government interference" central_va)