You are viewing a single comment's thread from:
RE: What I Learned in the Zeitgeist Movement | Part 3: "Debt-Machine"
Very well thought out and thorough article. One thing I should mention is that during my research I found that it appears that there is no fractional reserve requirement so it really shouldn't even be called fractional reserve.
I now just call it debt based money.
Check out the sources and youtube video in this article:
Hmm. It appears that my second source, Money Creation in the Modern Economy has been memory holed.
Excellent comments. I really gotta say that something seems completely off after all these years. We have technically been overdue for the crash of the dollar for - what - 6-8 years. And though we allegedly come close to economic collapse now and then, everyhting is still going. Seeing how all numbers are lastly numbers in a computer, I do not put it beyond the people in "control" that they have long found another mechanism for keeping the system going.
So it only seems likely that the reserve would have to go entirely eventually ^^
Great to hear - when information blatantly disappears it's always a good sign. I shall dig, thanks!
I had some other sources that were pretty good that I did not include in the article. I will see if I can still find them jotted down somewhere.
No need for extra work. I have a feeling reality is actually different than even these ideas here. Since most money is digital nowadays and since we can not know for certain how much gold exists on Earth, we really don't know anything.
These explanations in the post are but one step further from what people in the mainstream believe to be true. It may just turn out to be another story to keep the ones pacified who looked further than the evening news. Which I will get to in the near future with my blog.
much love!
You may be right, it could all just be BS and they could just put whatever they want in a computer. Anyway I did find the article. It is from the Bank of England. So if you are looking for a primary source document.
https://www.monetary.org/wp-content/uploads/2016/03/money-creation-in-the-modern-economy.pdf