This series of articles on fractional reserve banking started with an introduction to the mechanics of fractional reserve banking. The important points  were: The simple nature of the mathematics and the factors involved The iterative nature of the process as a continuing cycle The process has mathematical limits, except in Canada, Australia, New Zealand, and [...]

But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit. — Josiah Stamp In Part 1 we looked at the mechanics of fractional reserve banking. In Part 2, we looked at money vs. wealth. Part [...]

Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess. — Irving Fisher In the last part we saw how float time was fradulently used in fractional reserve banking by banksters the same way that check kiters [...]

When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it. — Frederic Bastiat In Part 1 we looked at the mechanics of fractional reserve banking and the [...]