Wretchard,

Excellect metaphor of new and supposedly whizzy economics (financial methods) to outdated warfare techniques.

I’ve thought, since I was a young teen, that fractional reverve banking is a completely immoral and unlawful practice. Just as selling products with unbalanced measurements or weights would be. It is nothing short of creating money out of thin air, earning both interest _and_ the principle for special enough to have this special priviledge.