Archive for the ‘Economics’ Category

How does the banking system of the United States reflect a free enterprise economy?

Thursday, January 14th, 2010

5-star asked: How does the banking system of the United States reflect a free enterprise economy?

How is fractional reserve banking different from naked short selling?

Monday, January 11th, 2010

water_skipper asked: How is fractional reserve banking different from naked short selling? When a bank lends more money than it has, isn't that the same as a daytrader selling more shares than he has? Doesn't that mean fractional reserve banks are really naked short selling the dollar?

What are advantages to having the banking system private as oppose to Canada where banks are government run?

Sunday, January 3rd, 2010

Marcello asked: I am not speaking ideologically as I know that a general opposition to socialism of any kind makes sense - I am talking specifically about the practicality of it. Right now we have a huge meltdown that Canada seems to have fully averted as their banking system ...