13min chapter

The Delingpod: The James Delingpole Podcast cover image

Dominic Frisby

The Delingpod: The James Delingpole Podcast

CHAPTER

The Impact of Fractional Reserve Banking on Economy and Society

Exploration of fractional reserve banking's devaluation of money, drawing parallels to historical perspectives on usury and sound money. Discussion on debt's influence on market dynamics, contrasting full reserve banking with fractional reserve banking. Personal anecdotes on car ownership and market trends, reflecting on the past elegance of vehicles compared to modern designs.

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