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State money is vulnerable to deposit insurance
Tuesday, 4 October 2011
Allowing fractional reserve banking destroys the social contract
Banks can’t fail because of deposit insurance
Deposit insurance if they think it is Capitalism makes people socialists
Monday, 3 October 2011
Not so bad would be full reserve government
Full reserve government is a good idea.
Reality is not a choice
Banks are not allowed to go out of business because of deposit insurance
The government thinks banks print money and it is their decision
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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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