The biggest fraud on the people is the banking system. More money in the bank leads to inflation as banks multiply the deposits and inflate the money supply. That is why every government wants to increase the number of people using banks. Banking system actively destroys the value of money. Dont believe me, ask anyone twice your age about the time when money had value and they will tell you that it was also because there was very little of it! Removing 1,00,000 from the banking system removes 16,00,000 from the lending basket. Less money is actually good for the system as less onions are good for the farmers.
Posted on: Tue, 23 Dec 2014 16:16:31 +0000
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