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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Skeeter Bug who wrote (251493)6/2/2010 2:52:44 PM
From: neolibRead Replies (1) of 306849
 
Skeeter, just answer the simple question of what a bank does that is magically different from any other entity doing the same thing. You are confusing yourself.

Don't resort to any laws or legal structure that a given country might have in its existing system. Don't use fractional reserve, don't use interest, just do the simple accounting of how a loan is taken, and what happens to the money supply. Show what is different if the entity giving the loan is an individual vs a bank.
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