Haven't followed the link yet, so no comment so far . As to fractional reserve, we are on the same page. I'm a student of the Austrian school of economics. While insurance can be abused, it's not fractional reserve in any sense.

I'm running low on caffeine, so I'll leave it at that for now. No offense taken, other than the shill remark. I'll sell shit, but I won't hide it or mount a pretense. I'm far too arrogant for such tactics