5min chapter

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The Last Trade E067: The Dire Debasement Dilemma with Gary Brode

Onramp Media

CHAPTER

The Perils of Fractional Reserve Banking and Its Political Implications

This chapter examines the risks associated with fractional reserve banking and its impact on consumers, contrasting traditional banks with fully reserved institutions. It also critiques the political implications of banking practices and discusses the advantages of cryptocurrencies over fiat currency for preventing fraud and corruption.

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