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State money is vulnerable to deposit insurance
Monday, 11 March 2013
If banks can't fail (then) they can print money
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Fractional reserve banking requires a state
If banks can't fail (then) they can print money
Deposit insurance is criminal
There is frs (state) but not frb
Deposit insurance is not a right
Deposit insurance is not socialism
Deposit insurance is criminal
We are slaves if there is deposit insurance
There is frg but not frb
It is inevitable that the banks will collapse
Banks have private assets
The banks are not the state
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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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