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State money is vulnerable to deposit insurance
Friday, 2 November 2012
It's not only the government that can print money
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Fiat circulates because people do not value it
Banks can print fiat currencies
Counterfeiting is no worse than bank inflation
Fractional reserve banking is a form of taxation
Social mobility requires sound money
Intelligent people are anarchists
Frb is is temporary like the government
Marxist banking will destroy the government
Taxation is the problem with banking
There should be no deposit insurance
The problem with banking is government
Blind people are in control of the banking system
To protect the banks is a form of insanity
Fractional reserve banking is caused by democracy
People will avoid drugs if they are harmful
There is an equivalence between inflation and debt
The government could prevent inflation but doesn't
The government is not concerned about inflation
Mortgages and loans increase the money supply
Fiat inflation is a violation of natural rights
The government doesn't think inflation is bad
Anarchists can understand the banking system
The government cannot see how banking works
It is not logical that banks can print money
Only full reserve banks should be insured
Deposit insurance is a mistake because of loans
People can print money because of the government
No bank has a banking licence
Deposit insurance should be illegal
Fiat currencies enable bank inflation
The government should guarantee only utilities
The government should not protect the banks
There is no need to guarantee the banking sector
Only crimes should be prohibited
The worst kind of banking is fractional reserve ba...
The stock market measures inflation not growth
Fractional banking is a bit like money laundering
We cannot do a crime against ourselves
Banks aren't punished for counterfeiting
The state prefers banks to people
People value something that is printed by banks
Deposit insurance is a form of theft
It's not only the government that can print money
Deposit insurance lets private banks print money
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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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