Fractional Reserve and Property Rights

That is fraudulent. It’s not backed by something and it creates multiple property rights contradictions. It’s fraud. Further, you keep creating strawmen. It’s time to stop, Max. Or I will stop you. Get the picture?

This is absolutely true, because you just said so.

Sure would and if they printed money to cover dupe claims… they would be out of business…

Another point to consider may be that, in all realtiy, if you really want to you can deposit your money without risk of getting it loaned out. These are called safe deposit boxes and many people use them, from unlicensed casino managers in 1970’s Las Vegas to ambitious bankers who sold out other Jews in the holocaust for their expensive jewels and diamonds.

Maybe it would be better to actually use the resources available than to complain about their absence.

It’s only fraud when you’re caught.

And murder is only murder if you are caught, right?

Precisely.

Obviously the power of moderator has gone to your head. Unable to respond or answer any question you are reduced to threats of banning. Your a coward.

Obviously the power of having a keyboard and an internet connection has gone to your head. Unable to respond or answer any question you are reduced to distraction and ad-homs. You are wrong.

That which goes unseen counts for nothing.

the murderer sees it. and so did the murdered. so what?

The murdered no longer exists. The murderer has a choice. He can choose to tell on himself or pretend like it never existed. And in a sense, if no one other than the murderer or the murdered saw it, it never happened, assuming the murderer never confesses. One needs a witness who is willing to identify the murderer and then evidence that the person identified did in fact murder the victim in order to obtain a conviction.

I’m sick and tired of your strawmen. You are unable and unwilling to respond to the actual Austrian position. You are a coward.

Thin ice, Max. Thin ice.

im going to use a good british word. prepare yourself.

balderdash!

if someone doesnt admit that something that they did happened, then it didn’t happen. only it did. since that was the premise.

If a tree falls in a forest, but no one is there to see it, did the tree actually fall?

you said it did…

Yes. That’s exactly my point about fraud. “Fraud isn’t fraud unless the fraudster gets caught!” Balderdash!

lol, I wanted to be bold, because there are people here who might have not understood the irony of your classic philosophy ‘paradox’

As far as I can see you, all of you are in denial about the actual Austrian position.

Ok sci—what is the position?