Eventually they run out of pretend money to play the cup game with, and someone wants to be paid for real. |
Google the phrase "fractionl reserve system" and research,
you'll quickly learn the house of cards is falling. Just because
you have, for example, $1000 deposited in your bank doesnt
mean the bank has the entire $1000 in cash on hand if you attempt to withdraw
those funds during a run on banks if everyone else does the same thing at once.
Sure it might be FDIC insured, but in an emergency the fed can restrict withdraw
frequency and amount. The subprime loan issue, rapid devaluation of the dollar,
higher cost of living for food, oil, and skyrocketing national debt, etc are all issues hurting our country right now.
uk.youtube.com/watch?v=25_APRkrXeYBoring but more detailed info:
uk.youtube.com/watch?v=KIgrxpp97OQ