The collapse is coming, and the signs are everywhere. http://mises.org/daily/6394/Cyprus-and-the-Unraveling-of-FractionalReserve-Banking The coils are unwinding, and people are getting cut. Is it any wonder that Bitcoin is soaring? The fiat system is in shambles, and the free market system is exploding.
Tag: fractional reserve banking
Frackin’ Reserve! for Android
Frackin’ Reserve is now available for Android! In an effort to try and help educate people about the inevitable mathematical fraud of fractional reserve banking, I’ve released an Android version. It’s 100% free. Pass it around, and let’s END THE FED! Frackin’ Reserve lets you simulate what happens in the money cycle with fractional reserve… Continue reading Frackin’ Reserve! for Android
Usury, once in control, will wreck any nation.
A brilliant quote from William Lyon Mackenzie King, the 10th Prime Minister of Canada, and the longest serving Prime Minister. Click for a larger version. Once a nation parts with the control of its currency and credit, it matters not who makes the nations laws. Usury, once in control, will wreck any nation. Until the… Continue reading Usury, once in control, will wreck any nation.
Frackin’ Reserve! for Linux and Mac OS X
The first version of Frackin’ Reserve! was only for Windows, and the second version was a web version, but suffered from some typical web limitations. This version is cross platform for Windows, Linux, and Mac OS X. It requires Mono, which is a free download that you can get here. Frackin’ Reserve! is a fractional… Continue reading Frackin’ Reserve! for Linux and Mac OS X
Frackin’ Reserve – Summary & Additional Resources (6/6)
This series of articles on fractional reserve banking started with an introduction to the mechanics of fractional reserve banking. The important points were: The simple nature of the mathematics and the factors involved The iterative nature of the process as a continuing cycle The process has mathematical limits, except in Canada, Australia, New Zealand, and… Continue reading Frackin’ Reserve – Summary & Additional Resources (6/6)
Frackin’ Reserve – Compound Interest as Invisible Slavery (5/6)
Frackin’ Reserve If you haven’t already, download the Frackin’ Reserve simulator program, visit the web edition page, or click here for a pop-up with the web edition. But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and… Continue reading Frackin’ Reserve – Compound Interest as Invisible Slavery (5/6)
Frackin’ Reserve – Run on the Banks? Or Run on the People? (4/6)
Frackin’ Reserve If you haven’t already, download the Frackin’ Reserve simulator program, visit the web edition page, or click here for a pop-up with the web edition. Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess.… Continue reading Frackin’ Reserve – Run on the Banks? Or Run on the People? (4/6)
Frackin’ Reserve – “How” Fractional Reserve Banking Creates Money and “Why” it is Fraudulent (3/6)
Frackin’ Reserve If you haven’t already, download the Frackin’ Reserve simulator program, visit the web edition page, or click here for a pop-up with the web edition. When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system… Continue reading Frackin’ Reserve – “How” Fractional Reserve Banking Creates Money and “Why” it is Fraudulent (3/6)
Frackin’ Reserve – What is Money? (2/6)
Frackin’ Reserve If you haven’t already, download the Frackin’ Reserve simulator program, visit the web edition page, or click here for a pop-up with the web edition. We have a system called, "money", which is based on money that has never, does not, and will never exist… We have become so divorced from the world… Continue reading Frackin’ Reserve – What is Money? (2/6)
Frackin’ Reserve – The Mechanics of Fractional Reserve Banking (1/6)
The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks. — Lord Acton I published Frackin’ Reserve, a fractional reserve banking simulator (desktop version here, web version here), with the promise to follow-up with another article explaining it. After hitting 5,000… Continue reading Frackin’ Reserve – The Mechanics of Fractional Reserve Banking (1/6)