[UCANSEE2]

Fractional Reserve Banking:

As a major lending bank, if the Federal Reserve gives you $100 million, you must keep a small percentage ‘in reserve’.

Let’s say it’s 10%.

So, does that mean you can only loan out $90 million? (seems logical).

Nope. according to the way the ‘scheme’ works, they can now loan out $190 million.

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Isn’t that just about correct?

[ovrtaxt]

Here's a chart of how it breaks out. Here's a link to the formula.

In the final analysis, this banking method creates new money from nothing, in the process devaluing all other existing money in circulation- of the same currency.

This is exactly why counterfeiting is illegal- it's theft from all other holders of the counterfeited currency.

Amazing that fractional reserve banking is even legal- it's the greatest fraud going today. Just remember- gold is their mortal enemy.