posted by dennisn on March 7th, 2008 at 11:26PM
Well, it's an inherent problem with the system (of fractional reserve banking) -- the bankers are merely pawns in the game. I still can't wrap my head around the fact that most of our money isn't actually there -- and is being gambled with. (Does anyone know what the required reserve ratio is at the moment? (*cough* [[fsimone]])). All the social cushions we now have don't really make me feel better -- since they effectively swap one evil for another (insecurity of savings with government tyranny).
