Deposit insurance enables banks to inflate the money supply.
If there is constant inflation there is not much disincentive against getting in to debt. A fixed money supply means it is bad to be in debt.
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- If banks can cause inflation it's not a free marke...
- The currency is not a store of value if banks are ...
- Deposit insurance enables banks to cause inflation
- It is not out of ignorance that the banks don't co...
- It is not much of a problem to be in debt if there...
- The deposit guarantee is a subsidy of debts
- The deposit guarantee gives value to bank credit a...
- It's not so hard to pay your taxes when you have t...
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About Me
- Geolibertarian
- John Locke, Second Treatise of Government: "No body could think himself injured by the drinking of another man, though he took a good draught, who had a whole river of the same water left him to quench his thirst."
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