Sunday, 1 July 2012

The state is being destroyed by fractional res banking

Frb is illegal if banks are insured by the government

If banks have deposit insurance it is illegal for them to practice fractional reserve banking.

It is illegal for banks to print money

It is illegal for anyone other than the government to print money and increase the money supply. Even banks are not allowed to print money... this is because the general public would not support a discrepancy such as this between the banks and normal people. For banks to be able to print money requires the consent of the general public which has not been given. The banks do not have permission from the general public to print money.