Results 1 to 3 of 3
Threaded View
-
08-12-2007, 06:06 AM #1OPSenior Member
Fractional Reserve Banking
I have created this chart showing the effect of FRB on money. It's the best of my understanding and I am no economist, so anyone who knows more about it and sees a major error in concept or a bad math please let me know.. (I'm terrible at math). Also in the second example the guy could borrow the money, but he still wouldn't suffer the effect of inflation, and the bank would only make revenue of P^5 from the transaction instead of P^42.5 (P^ is the currency symbol. You'll understand when you look at my chart.) That is why banks will never let fractional reserve banking go away as long as they control it, and why Ron Paul says the Federal Reserve is killing us slowly. I think the logic is undeniable. If you understand this and agree, please share it and explain it as much as possible to anyone who doesn't profit off of banking.
JD1stTimer Reviewed by JD1stTimer on . Fractional Reserve Banking I have created this chart showing the effect of FRB on money. It's the best of my understanding and I am no economist, so anyone who knows more about it and sees a major error in concept or a bad math please let me know.. (I'm terrible at math). Also in the second example the guy could borrow the money, but he still wouldn't suffer the effect of inflation, and the bank would only make revenue of P^5 from the transaction instead of P^42.5 (P^ is the currency symbol. You'll understand when Rating: 5You know you\'re high when you wonder why moms everywhere choose Lysol when to normal squares it\'s no wonder. And if a Woolite Pod commercial somehow makes you think of sex.
Advertisements
Similar Threads
-
Vacuum and fractional distillation
By Graywolf in forum ConcentratesReplies: 6Last Post: 04-23-2013, 11:42 PM -
CO MMJ Banking WTF?
By HarvestHouse in forum Colorado (CO)Replies: 6Last Post: 06-27-2010, 06:39 AM -
I have a basic banking question
By KGod86 in forum GreenGrassForums LoungeReplies: 6Last Post: 09-20-2006, 03:59 PM -
Offshore banking?
By canamana in forum GreenGrassForums LoungeReplies: 0Last Post: 05-09-2005, 03:57 AM