To: Steve Schulin
That 90% number may be low. People just can’t really the difference between currency (legal tender) and money.
Part of me knows loves fractional banking as being an engine of growth and prosperity. Another part of me hates the inflationary nature of bank created money and an economy that is too dependent on debt...
2 posted on
12/19/2016 7:06:26 PM PST by
L,TOWM
(There is no longer a system to work within.)
To: L,TOWM
Part of me knows loves fractional banking as being an engine of growth and prosperity.
Fractional banking is simply a nice phrase to cover for the counterfeiting that it actually is. Every dollar that magically appears out of nothing dilutes the existing currency, is a hidden tax on the populace, and benefits directly the first spender of the counterfeit dollar by stealing purchasing power from everyone else. Sound money is the best engine of growth and prosperity.
3 posted on
12/19/2016 7:19:13 PM PST by
Garth Tater
(When cash goes freedom is gone.)
To: L,TOWM
What kind of Keynesian nonsense is this?
How did JimRob let you even join FR?
9 posted on
12/19/2016 8:11:51 PM PST by
4Liberty
(DEMOCRATS- Exporting Jobs, Importing Votes.)
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