Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Toddsterpatriot
"If they loan more than the deposits they hold, how do they have any reserve, let alone 10%? "

Ding Ding Ding! That's it right there. They create 90% of the loans value out of thin air!!! Do you get it now?
37 posted on 09/19/2017 9:11:35 PM PDT by Garth Tater (Return to sound money and Constitutional governance.)
[ Post Reply | Private Reply | To 34 | View Replies ]


To: Garth Tater
They create 90% of the loans value out of thin air!!! Do you get it now?

Yes, I got your confusion much earlier in the thread.

40 posted on 09/19/2017 9:21:17 PM PDT by Toddsterpatriot (TANSTAAFL)
[ Post Reply | Private Reply | To 37 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson