Conspiracist will indeed

December 2025 Forums General discussion 100% reserve banking Conspiracist will indeed

#86873
alanjjohnstone
Keymaster

Conspiracist will indeed accuse it of being a cover-up white-wash since it ignores fractional reserve banking and how banks create credit by treating every loan debt as an asset. However, it is the same bank model, i believe, the Greens wish to follow. Nice bank managers and  not those nasty corporate speculators, to go with the local corner shop, and not the multinational supermarket chain, and the small farm down the road and not any of those agricultural conglomates, all offering genuine customer and consumer satisfaction as they take money from our fair wage earned by an honest days work at the local worker-owned co-operative.TSB – The Sincere Bankers !!!  But i agree it is a good PR effort.