Quote:
Originally Posted by duga
It is needed only because our system has set it up that way. Surely, I have to deal with it since there isn't anything I can do to change it, but it doesn't mean I have to think it is a good system. Fractional reserve is one of the main causes of inflation, not just something that has to deal with it.
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Regardless it's necessary. lol at any person in the [probably even upper middle] middle class or below getting a loan without the system we currently have set up. The fractional reserve doesn't really have anything to do with the economic problems we currently have.