You are viewing a single comment's thread from:

RE: The Mathematics of Fractional Reserve Banking

in #mathematics10 years ago (edited)

@complexring From the title of this post I assumed that you indeed thought "the whole system a conspiracy and a fraud". How would you describe the banking system now that would conflict with that?

My understanding of it basically follows the 'Money as Debt' video below.

Coin Marketplace

STEEM 0.05
TRX 0.28
JST 0.047
BTC 63674.96
ETH 1856.10
USDT 1.00
SBD 0.51