06-09-2017, 02:58 PM
ScottK, you have a much more nuanced view on these matters, and your commentary is much appreciated. And good to see that you're doing well man 
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I am familiar with fractional reserve banking and I do think that crash or a shift away from it is inevitable by the way the system is setup, but given that its problems are so conceptually obvious in terms of sustainability, I'd expect layers of contingency plans by those in power.
Do you think it's probable that there will be a level-of-the-playing-field crash in the next ten years? (I think there will probably be one in the next 40 years, but that's really just a guess on my part)
.I am familiar with fractional reserve banking and I do think that crash or a shift away from it is inevitable by the way the system is setup, but given that its problems are so conceptually obvious in terms of sustainability, I'd expect layers of contingency plans by those in power.
Do you think it's probable that there will be a level-of-the-playing-field crash in the next ten years? (I think there will probably be one in the next 40 years, but that's really just a guess on my part)