Ping for later read. Hope it's not as boring as it looks. Fractional reserve banking dates to about 1500 AD. Without it we probably would not have capitalism, which after all, requires capital. Hope this isn't another "black helicopters" anti-Fed thing.
BTW: People who hate our currency are free to convert every cent into gold. Go for it and stop whining already.
5 posted on 02/19/2003 6:28:01 PM PST by Jack Black