State money is vulnerable to deposit insurance

Tuesday, 22 November 2011

Fractional reserve banking causes poverty and inequality

Fractional reserve banking transfers wealth from the poor to the rich.

Geolibertarian at 02:20

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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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