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Blog Archive
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2012
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October
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- Anything that can't fail can print money
- Frb is impossible if the people are enlightened
- It's bad for the currency if banks are protected
- By definition banks are part of the government
- Definition of a safe currency
- Definition of a deposit-insurance currency
- Inflation is caused by fractional reserve banking
- Deposit insurance is a subsidy for debt
- Deposit insurance is completely unnecessary
- The economy is not wealth and so GDP fails
- Fractional reserve banking is always a conspiracy
- It is a conspiracy for banks to cause inflation
- We are not banks so deposit insurance is wrong
- Fractional reserve banking is not banking
- Debt is not good for a healthy economy
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October
(15)
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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