Derek Moran: Yup. Banks legally are allowed to counterfeit credit, basically. In Canada, the Fractional-Reserve-Rate/Ratio, is called either the CAPITAL ADEQUACY REQUIREMENT, or the ASSET CAPITAL MULTIPLE. However, no promissory note-representing-debt + your signature = NO, CREDIT, for THEM. The rate is 23 in Canada, btw.
Printed copy · Anthology Volume 5, page 1027Printed copy from The Tender For Law Anthology, Volume 5, page 1027 (printed 13 June 2014). Added by this site; not part of the Facebook export.