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To: Toddsterpatriot
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.
376 posted on 06/26/2008 2:29:21 PM PDT by dollarbull
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To: dollarbull
Exactly. So banks should hold 100% of their deposits as reserves. It's the only thing that can save us.

straw man

What is your alternative to fractional reserve banking? Please spell it out.

377 posted on 06/26/2008 2:46:36 PM PDT by Toddsterpatriot (Why are doom and gloomers, union members and liberals so bad at math?)
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