Re: Fractional Reserve Banking
We know this. As I mentioned before, that's the whole point of the bank.
What would be the purpose of using a bank rather than a safe if you didn't get interest and other such perks? And how would the bank be able to afford to give you such perks if they didn't make money somehow, such as, say, charging interest on loans?
I don't have a problem with that. It wasn't the mere existence of banking that created the problem.
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