Yes! Banks want to hold lots of real estate. Sure way to book big profits. How's that been working?
This is why fractional reserve banking and the Federal Reserve were forced upon us
We've had fractional reserve banking as long as banks have taken deposits and loaned a portion of those deposits back out. Hundreds of years. Even under a gold/silver standard. It has nothing to do with the Fed.
It works quite well for those with long-term perspective...and these people think very long term.
We've had fractional reserve banking as long as banks have taken deposits and loaned a portion of those deposits back out. Hundreds of years. Even under a gold/silver standard. It has nothing to do with the Fed. This scheme is old, and dates at least back to ancient Babylon. The fact that the Fed is only about 100 years old doesn't make this fraudulent confiscation of wealth any less fraudulent. The FED is just one in a series of tools used for theft. By the way, the same bloodlines are implicated all along the passing millenia. Babylon's banksters went to Rome, and then medieval Venice, thence to London, and on to New York.