Fractional Reserve Banking and Debt Slavery: This theory suggests that the modern banking system, based on fractional reserve banking, perpetuates a cycle of debt slavery among the general population. According to proponents, banks create money out of thin air through the issuance of loans, thereby indebting individuals and governments to the banking elite. They argue that this system enriches a select few at the expense of the masses, who remain trapped in a cycle of perpetual debt. While fractional reserve banking is a fundamental aspect of modern finance, its implications for wealth distribution and economic stability continue to be debated among economists and policymakers.
Fractional Reserve Banking Conspiracy
