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04-18-2010, 03:49 PM | #11 (permalink) |
MB quadrant's JM Vincent
Join Date: Dec 2009
Location: Washington, DC
Posts: 3,762
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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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