To: GourmetDan
Let me know when you figure out that loans increase the money supply, even under the gold standard.
223 posted on
08/11/2010 1:07:59 PM PDT by
Toddsterpatriot
(Math is hard. Harder if you're stupid.)
To: Toddsterpatriot
"Let me know when you figure out that loans increase the money supply, even under the gold standard." Let me know when you figure out that the Fed creates 'money' out of thin-air with an accounting entry.
226 posted on
08/11/2010 1:13:41 PM PDT by
GourmetDan
(Eccl 10:2 - The heart of the wise inclines to the right, but the heart of the fool to the left.)
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