State money is vulnerable to deposit insurance

Wednesday, 5 October 2011

The inability of banks to fail creates fiat money

Geolibertarian at 16:47

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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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