Posted by Cynic | Posted in Awake, Banking, Logic, Money, Philosophy, Police State, Software, Web Sites | Posted on 17-05-2012
Frackin’ Reserve Web Edition is a web port of Frackin’ Reserve, which is a desktop version of Frackin’ Reserve Web Edition. Hopefully that clears things up!
Frackin’ Reserve Web Edition lets you simulate the cycles and processes of fractional reserve banking and compound interest. It’s almost the same as the desktop version, but the range of parameters is more limited and some percentages are used instead of pure numbers. If you encounter limitations that you’d like to explore past, download Frackin’ Reserve here.
- Slide the sliders to adjust the parameters.
- Check the results in the results boxes.
- Try different parameters to see how they affect the money supply, i.e. Go to step 1.
More explanation about what each field represents is available on the original Frackin’ Reserve page here.
Hopefully this will make the effects of fractional reserve banking a bit easier for people to visualize and understand.
As mentioned previously, I will follow-up with some explanations about the important aspects of fractional reserve banking and examples using the two versions of Frackin’ Reserve.