'..crisis .. a financial system based on fractional reserve banking..'<blockquote>'The true nature of the current crisis is not that of a currency, be it the euro or the dollar, but a financial system based on fractional reserve banking..'
- Prof. Philipp Bagus (
The tragedy of [<a href="[
bazaarmodel.net] reserve banking</a>])</blockquote>
Context -
Inside Job (2010)<blockquote>
´If people want life, destiny will obey..´'..ethics in particular .. absolute principle of ethics..'<a href="[
bazaarmodel.net]['s] .. privilege [of] .. fractional reserve banking .. a fraudulent business practice.'</a>
'..fiat inflation is a powerhouse of social, economic, cultural, and spiritual destruction.' - Jörg Guido Hülsmann'..debt relief..' - '..looking at ways to reduce the debt..'Open Source Ecology..In the Electric Universe - Evolve [into] 'full-fledged open source contributors.'</blockquote>