Home / Contact

REPORT DEAD LINKS --- we can't keep this site up-to-date without your help

RESERVES -- Hardly anyone understands what reserves are and how they come into play in the creation of money and the management of our Money and banking system. The articles listed on this page explain what we think about "reserves" and why we think they have no relevance in modern Sovereign Money Banking, which has replaced Fractional Reserve Banking as our national system of money and banking.

This is from: http://www.primeronmoney.com/reservesomni.html

Frankly -- I am working my way through some confusion. This is an admission that, after more than two years of our reading and writing on the subject, I really am a little shaky on how the regulations on reserves are now functionally applied to the creation of money. This page is being assembled so I can review and analyze everything I have written -- and put together a logical explanation of our money-creating system.

It is now obvious to us that The Federal Reserve System (a private group of interlocking private corporations)  lies repeatedly about (A) how they create money and (B) how reserves come into play -- see << http://www.primeronmoney.com/arewebeingliedto.html >>. It is our goal to analyze the various information we have and generate a theory of (A) and (B) based on solid inference and deduction.

We are herewith gathering together all of our information on those two subjects (A & B) in an effort to come to some conclusions as to how money & banking works. Please contact me at martycarbone@yahoo.com if you can help analyze the material -- or if you have some inside information that would be helpful.

The information at #1 below is representative of my latest thinking.

Wish us "luck".

Partial List of articles on Reserves and the creation of money

1. I have changed my opinion on Fractional Reserve Banking -- 11/25/09
   http://www.primeronmoney.com/fractionalreservebanking.html
2. Reserve Requirement Ratios
   http://www.primeronmoney.com/reserverequirements.html
3. What is Fractional Reserve Banking all about?
   http://www.primeronmoney.com/20%20Q./page25od20.html
4. Discussion of Reserve Banking by Karl Denninger
   http://www.primeronmoney.com/reservedenninger.html
   
5. Federal Reserve Act
   http://www.primeronmoney.com/fdicfrblaw.html
6. FDIC / Government laws and regulations >>
   http://www.fdic.gov/regulations/laws/rules/7500-100.html
   
7. Fractional Reserve Banking simplified
   http://www.primeronmoney.com/frbsimplified.html
   
8. California Financial Code -- See Sec. 660 / Capital Requirements
   http://www.primeronmoney.com/bankrequirements.html
   
9. Creating Money out of thin air
   http://www.primeronmoney.com/creatingmoney.html
   
10. Rebuttal to Ellen Brown
    http://www.primeronmoney.com/rebuttaltoellenbrown.html
11. How money is created / First page (#27) of Chapter 3 from Patman's book "
    A Primer On Money". Read all of Chapter 3.
    http://www.primeronmoney.com/chapters/chapter3.html
    
12. Are we being lied to by the Fed?
    http://www.primeronmoney.com/arewebeingliedto.html
13. How paper-money came to be. It may be the most important invention ever made,
    and the most important article we have ever written. It tells how we are the victims of
    a clever, but benevolent scam. -- Taken from Wright Patman's writing.
14. The Federal Reserve and Wikipedia lie repeatedly -- Why do they do that? Are they ashamed of the truth?
    See << http://www.primeronmoney.com/fedwikipedialies.html >>
15. More about Wikipedia -- I try to rebut just about everything they say on Money, Reserves and Banking.
    See << http://www.primeronmoney.com/wikipediaattackon.htm >>
16. Home Finance -- creating money for home loans -- scroll down to # 22(b) and #24(b)
    See << http://www.primeronmoney.com/chapters/chapter3.html >>
    

The United States is acting like a 5th world country that does not understand its sovereign rights to
create its national currency without help from an outside agency. The United States pays over
$400 Billion / year in interest payments on the national debt because of this lack of understanding.

If the United States, the home of the world's biggest and most stable economy, does not have
the sovereign right to create whatever money it needs -- WHO DOES?