Fractional-Reserve, Interest-Bearing Debt Banking Primer
I unfortunately still haven't written this yet, so in the meantime you can get a tiny overview via what I've written on the topic in the following post:
Peak Oil Ass-Backwards: Fractional-Reserve Banking, Meet Peak Oil [part 1/3]
If the ongoing crash of oil prices over the past year – and now the stock marketcrashes of last week – have continuously taught me one thing, that would be thatI’ve got very little clue regarding the economic implications of peak oil[http://fromfilmerstofarmers.com/peak-oil-primer]. To explain th…
Allan Stromfeldt Christensen
"The Moneylender and His Wife" by Quentin Metsys, 1514
