|Added||Jul 21st, 2013|
Frackin’ Reserve simulates how fractional reserve banking works, and illustrates how banks fraudulently create money out of thin air then charge you to use that imaginary money. Frackin’ Reserve is available for Windows, Mac, Linux, any Internet browser, and now on Android. Source code is available for each version, as well as in-depth tutorials on the mechanics of fractional reserve banking fraud. Usage:The controls are simple to use. Just slide each slider to see how different parameters create money out of thin air for banks. A compound interest calculator shows how small amounts very quickly mushroom into massive debts that are inescapable. Calculations are done as you slide each slider so that you can quickly see and understand the nuances of different effects inside of the fractional reserve banking system. To view parameters spread across time by the velocity of money, a convenient table lays out detailed information, along with the portion of debt that cannot be repaid. Further information is available through links in the program.Please find out for yourself why the system is corrupt, then give Frackin’ Reserve to a friend to learn about. More information is available at the web site through links in the program. Don’t forget to rate Frackin’ Reserve and help spread the word.Peace.