[dollarbull]

When a bank loans out a fraction of customer deposits, that fraction is less than 1 so they are not printing money out of thin air.

The entire banking system creates money out of thin air - not one individual bank. We've discussed this before. It's a failed system that never works long term. Collapse and gov't bailout wipes the slate clean and a new generation of suckers buys into it.

You saying the system (fractional reserve lending) works, while at the same time watching the financials either go bankrupt or lose 90% of their value is like bagdad bob saying Iraq is winning the war...it's hilarious but in a way sad - you'll only wake up when it's too late

[Toddsterpatriot]

You saying the system (fractional reserve lending) works,

You saying the system (100% reserve banking) works, when no one uses it is hilarious but in a way sad. Ditto for the gold standard.

Wake me up when either of your systems returns.