Crime Against Humanity: Fractional Reserve, Namely Legalized Counterfeiting, 9

So the second friend gets hold of a third friend, who gets hold of fourth friend, who gets gold of a fifth friend, etc., and each couple goes to a bank; same number every time: one provides the bank with further deposits by depositing into his account the money just borrowed, the other saturates again the bank’s lending capacity by borrowing all the corresponding further credit according to the current fractional reserve.
By the time the fractional reserve has used up all its multi−level spell and you run out of friends, when your head stops spinning, you ask yourself the original question again: is there any difference between the amount of money that existed before you deposited it into the bank and the amount that exists now? So once again you put all the bank statements together and begin adding them up; on every ride on the merry−go−round the previous amount minus the fractional reserve was added: 10 + 9 + 8.1 + 7.29 + 6.56 + 5.9 + 5.31 + 4.77 + 4.29 + 3.86 + 3.47 + 3.12 + 2.8 + 2.52 + 2.26 + 2.03 + 1.82 + 1.63 + 1.46 + 1.31 + 1.17 + 1.05 + 0.94 + 0.84 + 0.75 + 0.67 + 0.6 + 0.54 + … Your head starts spinning again.

What fractional reserve or money multiplier is, is rather easily found almost anywhere, from mainstream sources, too; however, its real core and how it really works are less easily found out and understood. If you were a drummer and played a drum score by carefully ignoring or scrambling all accents – each piano, mezzoforte, forte, etc. played with any other accent but the intended one – hardly anyone, no matter how connoisseur, would be able to identify the song. Highlighting that fractional reserve binds the banker to keep as reserve a fraction of what he or she receives in deposit, while neglecting, ignoring, omitting, turning a blind eye to the facts that a) the banker embezzles that money, b) the embezzlement process results in the creation of further purchasing power out of nothing in the banker’s pocket, and c) such process is even as recursive as a merry−go−round, gotten to this point, is most definitely a criminal masterpiece, and not only of mere hypocrisy, but of genuine conspiracy of silence.