WelcomeUser Guide
ToSPrivacyCanary
DonateBugsLicense

©2024 Poal.co

1.2K

(post is archived)

[–] 0 pt

Good place to learn about fractional reserve banking?

[–] 6 pts

Read The Creature From Jekyll Island

[–] 2 pts

Mike Maloney on Youtube.

Hes a silver peddler but has good info about fractional reserve lending.

Fun Fact: under Trump and Covid, FRL was changed so that banks no longer need to hold even 10%. They can loan money with no reserves. Its one of a couple ways money is created.

[–] 1 pt
[–] 0 pt

Thank you very much. So in basically every country there is a "federal reserve" that is owned by the jews or what is that bank referred to?

[–] 1 pt

There are two or 3 exceptions, maybe less now, but for the rest all countries have a central and/or rely on a central bank, and all central banks rely on fractional reserve banking, the federal reserve is a central bank. (european countries for instance, rely on the BCE/ECB, shot for European Central Bank, and also have their own central bank https://en.wikipedia.org/wiki/Central_bank#Statistics )

https://en.wikipedia.org/wiki/Fractional-reserve_banking#Central_banks

https://en.wikipedia.org/wiki/List_of_central_banks

https://www.bis.org/about/member_cb.htm?m=1%7C2%7C601

Now, are they all exclusively owned by jews? No.

[–] 0 pt

If the jews didn't fuck around, how should money operate?

[–] 0 pt

This question doesn't make much sense to me. "If people didn't fuck around, how should a tool operate"

A bank is a glorified safe. It's originally a third party you pay to safeguard your precious things, at a location it usually owns. Precious metals, jewels, bitcoins, seashells... Any item usually acting as a store of value they accept to safeguard for you essentially, that's what is a bank.

If banks were required to have in reserve 100% of what they lend, fractional reserve banking wouldn't be possible.

https://vid8.poal.co/user/0k_/yhWFZle