DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Let's talk about the fractitional reserve banking system

**BashBeissedat** · 01-03-2012, 09:40 PM

I see 2 distinct problems:

1- money created out of thin air, exponentially
2- interest on something that doesnt exist

Couldnt the US Treasury print fiat currency and charge 0% interest?

OOOPS. Sorry, didnt mean to give away the big secret. Not that im a fan of paper (Im not), but its the interest that is never printed into circulation, that KILLS all of us and our country.

The whole deal with credit is this: You can freely increase the money supply WITHOUT AN INCREASE IN GOODS AND SERVICES.

THAT is what causes inflation.

01-03-2012, 09:40 PM	#6
BashBeissedat Join Date Oct 2005 Posts 389 Senior Member	I see 2 distinct problems: 1- money created out of thin air, exponentially 2- interest on something that doesnt exist Couldnt the US Treasury print fiat currency and charge 0% interest? OOOPS. Sorry, didnt mean to give away the big secret. Not that im a fan of paper (Im not), but its the interest that is never printed into circulation, that KILLS all of us and our country. The whole deal with credit is this: You can freely increase the money supply WITHOUT AN INCREASE IN GOODS AND SERVICES. THAT is what causes inflation.
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