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State money is vulnerable to deposit insurance
Tuesday, 31 May 2011
The banks are the same as the state if they have a deposit guarantee
There is no difference between the banks and the state.
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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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