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Old 04-18-2010, 03:49 PM   #11 (permalink)
MB quadrant's JM Vincent
 
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Join Date: Dec 2009
Location: Washington, DC
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Originally Posted by IamAlejo View Post
I'd love to see the complaints with the fractional reserve system. It is needed, if you don't feel comfortable with the banks using it, go ahead and keep your money under your mattress, but have fun keeping up with inflation.
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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