Erowid. Survivalist and Prepper Information. Fishing. Fire Dancing. The Mechanics of Fractional Reserve Banking (1/6) The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks. — Lord Acton Ryan published Frackin’ Reserve!
, a fractional reserve banking simulator (desktop version here, web version here), with the promise to follow-up with another article explaining it. Part 1 explains the basic mechanics of fractional reserve banking in very simple terms with examples. Part 2 answers “What is Money?” For the purposes of the discussion. Part 3 illustrates how and why fractional reserve banking is fraudulent. Part 4 shows how the system can fall apart, and two attacks that the banksters can use to steal wealth from people. Part 5 examines usury and compound interest as forms of invisible slavery.
Part 6 is a quick summary with links to other resources. Each part builds on the previous, so it is strongly recommended to read through in order. The 3 Factors in Fractional Reserve Banking So the basic mathematics of the system are extremely simple. A People's History of the United States. The Note: This great book should really be read by everyone.
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All races, nations, politicians, etc. were invited in the desire that there could be peace among all people. The goal was to create what they believed was a more satisfying culture — free from consumerism, capitalism, and mass media — one that would be nonhierarchical, that would further world peace, and serve as a model for reforms to mainstream society. Background[edit] History[edit] Social aspects[edit] Values[edit] Non-membership[edit] Facebook.