-
19th March 2012 20:09
Link to Post #1
Avalon Member
Fractional Reserve Banking Explained
Dear Group,
I have seen several new video lectures of late about Fractional Reserve Lending, as indeed the topic is very relevant to our immediate time. Many of these presentations however appear though to have been hastily manufactured. Now indeed, as it is an area I am deeply interested in, I have created a very precise presentation upon the matter. Revealing the key principles that lie at the heart of Fractional Reserve lending practices, which indeed involves the act of counterfeiting.
With a brief summary of primative wealth based economies, the presentation quickly proceeds to discuss the activities of the Bank of England and of how the Goldsmiths of the age began fraudulantly loaning out money created from nothing. It also looks quite extensively at the 1933 Gold Confiscation that took place in the United States. It is a warning from history to be sure.
Keith
-
The Following User Says Thank You to lightpotential For This Post:
foreverfan (2nd April 2012)
-
2nd April 2012 02:08
Link to Post #2