The Curious Case of Benjamin Strong.

I guess it kind of depends on what kind of child you want to raise.

One raised by a village

or one raised by money

 

That's a strange conclusion. But whatever.

 

He can't stand to go back there, because every person has some good reason why he owes some of his success to them.

He likes it here in the USA

Like he says, "You make it and you don't owe it to anybody."

 

That is nothing to do with fractional reserve banking as you imply. It is to do with Quantitative Easing which was done back in medieval times under the name of seniorage.

 

Socialism/communism works well with a small number of connected people, for instance a family or a group of friends. You don't want to be competing in some free market way with your wife or son or mum!

So i suppose it could work in a small tribal village with v few people.

Apart from those examples, it's a total disaster and should be avoided.