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| User Info | Why we will experience deflation; entered at 2007-12-02 02:11:05 | |||
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Anti Posts: 3403 Registered: 2007-10-09
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Fractional reserve banking may have been present from early days but it is in essence and origin, embezzlement and is at the root of economic cycles. It's a long story both in the legal origins and the effects but worth the effort to understand. http://www.mises.org/store/Money-Bank-Cr.... 2007-12-02 02:11:05
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