all 4 comments

[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (4 children)

TLDR?

[–]Questionable 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

They need World War 3 to cover up the money laundering and failings of the fractional banking system.

[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

Technically they aren't even doing fractional banking anymore, they completely did away with any reserve requirement at all, and no longer have to keep 10% or any fraction in reserve.

As of March 2020, the reserve requirement for all deposit institutions was set to 0% of eligible deposits. The Board previously set a zero reserve requirement for banks with eligible deposits up to $16 million, 3% for banks up to $122.3 million, and 10% thereafter. The removal of reserve requirements followed the Federal Reserve's shift to an "ample-reserves" system, in which the Federal Reserve Banks pay member banks interest on excess reserves held by them.[9][10]

https://en.wikipedia.org/wiki/Reserve_requirement#United_States

[–]Entropick[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

I think it's sensationalized speculation regarding market manipulation and use of war as a cover to implement the great reset.