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  1. 21-12-2010, 08:43 PM #11
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    DTLarca
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    Re: Ship with no rudder

    Quote Originally Posted by buddy View Post
    Apologies to pick on your history but you will find it is actually "Fractional reserve banking" that created easily available credit that fueled business expansion in the west.
    No, not at all, I do not mind. My limited knowledge comes from reading this book last year:
    http://www.amazon.co.uk/Crunch-Incom...2964052&sr=8-3

    It also explains what it is you talk about. Similarly part 3 of http://www.zeitgeistthefilm.com/ tackles the topic you bring up.
    Last edited by DTLarca; 21-12-2010 at 08:46 PM.
    Only the dogmatist says he will never change his mind. We all know that some of our opinions are wrong but none of us know which they are for if we did then they just wouldn't be our opinions. - JS Mill.
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