Basically ... fractional-reserve debt-based fiat monetary systems & their 'independant' central bank govenors have to be up there as the greatest (oligarchial/monopolistic) sleight-of-hand frauds of all time ... history records with great detail the cautions time & again of the 'inevitabilities' of such power centralisation. We can trace with great accuracy certain dynasties & their proxy powers & those same proxy players' mechanisms & then those same mechanisms' spheres of influence all the way through to where we are & what we are facing today.
Without a free media to (transparantly) inform, educate, debate, motivate, & cleanse corruption, monopoly & actual conspiracy from the entire system, (eg industrial/economic/sociological/geo-strategic propaganda, ie Money Cartel, Industrial-Military Complex, Industrial-Medical Complex, Industrial-Agricultural Complex, etc interests'), the common (wo)man & his(/her) interests are effectively condemned to servitude (indirect re peonage or direct re serfdom).
Sadly, unless 'we' can somehow neutralise these 'mechanisms' soon, technologies are going to (permanantly) lock these gates with no (probable) recourse or egress. Without a free media, I am the first to admit that this is quite an improbable task, there is probably no greater (topical) example of this than the 'Obama' equation, all the information is quite accessable for those interested to see who he is & who he represents quite definatively but alas ... (for those interested re 'Last Stop America' Post# 259166).
There are many alternative systems but all are prone to subversion/corruption in the absence of enforced regulation & absolute transparancy, (gold is not one of them for we will simply be switching from one monopoly to another), any 'solution' presented (saturated) in mainstream will be {Hegelian Dialectics) a Trojan Horse ...
Anyway back to the (direct) query of (Australian & structural) fractional reserve, hope this assists, warm regards & best wishes people ...
*** Money as Debt: http://video.google.com/videoplay?docid=-9050474362583451279
RBA links; investigate (self-educate) M1, M2, M3 (& broad money) categories. nb - broad money terminology is not universal & US no longer publishes M3 data (ex Mar06), refer US MZM (money zero maturity) data as approximate (only) (interpretive) marker.
