42 Years of Fractional Reserve Alchemy - zerohedge.com
Excerpt from this article:
"... the fraud of the Banker's alchemy
will one day come to an end as confidence in fiat currency collapses and
physical demand for real money overwhelms this fractional reserve
system. Will/can this occur in 2017? It's certainly possible as negative
interest rates and currency devaluations lead to all sorts of
unexpected consequences. But the timing hardly matters when the end
result is a foregone conclusion. No system built upon a foundation of
deceit and fraud can stand the test of time, and the Banker's fractional
reserve alchemy is no different. It will one day collapse. Of that you
can be certain."
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Recommended reading:
The Creature From Jekyll Island - A Second Look at the Federal Reserve, by G. Edward Griffen (5th edition published 2010)
