[Marine_Uncle]

I may take you up on White's book in due time. As far as abolishing the FRB. I never suggested that. Where to deep in the doo doo at this point for such matters to be able to fix anything.

[LS]

Not true at all. My fix would work in less than a year. Competitive money-—something, BTW, that Milton Friedman rejected-—would instantly force the banking system back onto sounder footing.