[Sangermaine]

>His point is the fundamental principles of fractional reserve are flawed, and the system will alwayssuffer from the looming threat of a bank run.

What? Are you posting from the 1930s? In the US at least this is not an issue for the average person because of the FDIC. There is no "looming threat of a bank run" anywhere in the developed world, precisely because governments and regulations prevent it.

This is exactly the kind of lunacy the parent was talking about. It's near-religious ideological ranting.