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? asked in Politics & GovernmentLaw & Ethics · 8 years ago

Why are people still okay with the banking system, even though it is a fraud?

Problem due to fractional reserve banking

It rips people off.

Banks create money out of nothing, with no value or backing, yet it charges people a fee

4 Answers

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  • Fred
    Lv 7
    8 years ago
    Favorite Answer

    Did you vote for either a Republican or Democrat? If so.. you are the problem. The mistake is to think "your party" gives a rat's patootie about you.

  • 8 years ago

    Convenience Just easier and safer to carry one debit card tham $1000 cash.

  • Yup
    Lv 7
    8 years ago

    most people don't even know what you are talking about let alone care enough to do something about it. as long as people are able to live without too much discomfort they will not act on this.

  • 8 years ago

    Because people just go along with things and do as they are told.

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