Frb is not a very good way to organise an economy because it means that people can gain wealth by doing nothing more than ‘borrowing’ money from a bank. It’s not a very good idea to allow banks to have control over the money supply.
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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