Commercial bank credit is not real money because banks don’t have deposit insurance. Central bank credit is not real money either.
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2011
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December
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- First past the post concentrates political power i...
- Banks supported by deposit insurance should either...
- First past the post governments are illegitimate
- Proportional Representation makes politicians more...
- Government deposit insurance enables banks to prin...
- Fractional reserve banking is not a justification ...
- Fractional reserve banking destroys the value of cash
- Deposit insurance is communism
- Democracies are legitimate if they are proportional
- Proportional representation is anarcho capitalism
- The parliament is redundant with first past the po...
- Proportional Representation would remove yet more ...
- Government is the most senior of all criminals...
- Tactical voting ceases to be a consideration for v...
- Central banks enable fractional reserve banking
- Banks with deposit insurance can print money
- The big political parties endorse first past the p...
- There would be no gross domestic product if charit...
- Socialism is impossible under governance by pr
- Proportional Representation would be terrible beca...
- Proportional Representation would be used by an in...
- No taxation without proportional representation
- There is never anyone good to vote for because of ...
- If we think government wants small government then...
- Fractional reserve banking is unfair but not a crime
- It is not consistent for banks to be able to infla...
- Public banks should not practice fractional reserv...
- Deposit insurance is a problem... we are not free yet
- There is no reason to treat banks differently from...
- Fractional reserve banking is always possible even...
- There is no need for proportional representation
- Those who do not support electoral reform are not ...
- First past the post seems more benign than it is b...
- Taxation is worse when the government demands pape...
- Proportional Representation devolves power from th...
- It’s pointless having individual members of parlia...
- Fractional reserve banking can never be a free mar...
- Deposit insurance destroys the value of money
- State deposit insurance makes it easy to get money
- Poor people cannot afford a place to live because ...
- Proportional Representation gives power to individ...
- First past the post is simply the illusion of demo...
- The government guarantee of bank deposits means th...
- Proportional Representation is not a threat to eco...
- We don’t need first past the post
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December
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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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