Topic: Year 2000 Weatherman

Fractional reserve banking is described as a formula for national bankruptcy where banks only maintain a small percentage of cash relative to their total deposits. Concerns are raised regarding the Year 2000 (Y2K) computer problem, suggesting that even a minor bank run by citizens seeking cash could collapse the system. One host recounts a conversation with a bank representative who admitted they were on schedule for compliance but not yet fully Y2K compliant.