Deposit insurance is ruining the government balance sheet. The government don't really care about printing money and inflation.
Cash is nothing more than a token of liability for the government.
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2012
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February
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- Vicious circle: First past the post excludes morality
- Being critical of the banking system wastes time
- If there is government it should not insure banks
- Government is incompetent if banks do inflation
- Fractional reserve banking is secret share dilution
- Fractional reserve banking should be illegal
- Proportional representation is a left wing ideology
- Fractional reserve banking increases money supply
- Expensive goods are because of deposit insurance
- Quantitative easing is better than frac res banking
- Full reserve banking is the only form of banking
- Banks runs are beneficial not a problem to avoid
- Banks are part of the state or there is no insurance
- Even without state insurance frb is counterfeiting
- Not all wealth is derived from spending and trade
- Central banks should not be public (if they are)
- There are no commercial banks because of the state
- The government is harmed by deposit insurance
- The state has no duty to prevent a banking collapse
- Without deposit insurance the state is not a bank
- Banks are not stateless if there is deposit insurance
- Deposit insurance turns frb into full res banking
- Deposit insurance is caused by fractional banking
- To protect themselves from the banks government an...
- The bank system is analogous to organised crime
- The problems in banking are caused by socialism
- Why it's hard to make people understand banking
- Libertarians can be against both the fptp parties
- Frb is counterfeiting if there is deposit insurance
- If pr doesn’t work then democracy doesn’t work
- Fair votes enables more government to be rejected
- Fptp gives no representation to minority parties
- First past the post is childish but difficult to r...
- Fptp makes it difficult to reduce the size of the ...
- First past the post is similar to a protection racket
- Proportional representation is no major advantage
- Proportional representation is stronger than fptp
- Fractional reserve banking should be illegal... fo...
- Banks cause inflation because of the guarantee
- The problem with banking is the state won’t let go
- Money is chosen by the state
- Bank credit is guaranteed not insured...
- If a bank run is prevented there will be inflation
- Banks are not part of the state
- The state has no right to provide deposit insurance
- First past the post is good for Toryism and Toryists
- First past the post is vulnerable to the big parties
- First past the post is ineffective against socialism
- There is no reason to care about quantitative easing
- First past the post facilitates unpopular liberalism
- Philosophical razor: The more important an issue i...
- Proportional representation helps the economy
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February
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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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