Off topic- Intuit logging in to my bank account?- Conclusion (I

[.]

John Dablin <jdablin <at> ntlworld.com> writes:

> 
> On 08/10/11 12:57, . wrote:
> > Be realistic- US banks are all fractional
> > reserve based.  So if I deposit $100 into a bank they can multiply that
> > money up to $90 while only keeping $10 in actual cash
> 
> Isn't it worse than that? I read somewhere they keep $100 and multiply 
> it up to $900.
> 
> John Dablin
> _____________

I think you're correct.  Ron Paul's book "End the Fed" 
describes the fractional reserve system and method
in simple to understand terms.  Regardless, the entire
US banking system is a fraud.

Mises said, I think, "Prosperity never came from a 
printing press".


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