Replies

To: GlockThe Vote

I gave specifics.

He thinks a bank with a $100 deposit can make a $900 loan.

With a 10% reserve requirement, a $100 deposit allows a $90 loan. That's a bit less than his claim of $900.

143 posted on 11/01/2011 5:16:57 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)

To: Toddsterpatriot

Did you see his reasoning?

145 posted on 11/01/2011 5:53:12 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)

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