Message:

<p>[QUOTE=&quot;InfleXion, post: 1314152, member: 29012&quot;]OK so it&#039;s that they have to have at least 1/10th of the total loan in reserves, but reserves are different than the overall balance sheet. Hey it&#039;s a fraction, who would&#039;ve thought. Here&#039;s a brain buster, why do they need reserves at all if they can just create money out of thin air? Well I guess I just thought of the answer, because people still need to withdraw real money now and then <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> Sorry, I meant fiat currency. Gold and silver are the real money <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in