[Toddsterpatriot]

Fractional reserve banking was practiced during the gold standard years.

Exactly. So banks should hold 100% of their deposits as reserves. It's the only thing that can save us.

Not understanding this is what caused you to stay long BAC and other financials into this meltdown. Things are pretty much unstoppable at this point.

Because fractional reserve banking will cause these stocks to go to zero. Got it.

After things completely meltdown and the $US has been replaced by the Amero,

LOL!

And if they don't meltdown?

[dollarbull]

Exactly. So banks should hold 100% of their deposits as reserves. It's the only thing that can save us.

straw man

Because fractional reserve banking will cause these stocks to go to zero. Got it.

straw man

And if they don't meltdown?

Then you'd be correct, but that would be a 1st. I'm not betting on it.