It appears I am having a one way discussion here, so do not worry this is my last post on the subject.
What I have found to be the main critical error with this theory is that it completely ignores the fact that the interest earned money does not simply go into a vault and sit there. It goes back into the economy.
for a more in-depth perspective of this read, "the mathmatical flaw" on this web site:
http://home.hiwaay.net/~becraft/FRS-myth.htm#hd25