[CobaltBlue]

You're doing a good job of paraphrasing what Noland says. However, my question is what should be done about it. How do you, or Noland, propose to stop the creation of credit by private enterprises?

[Poohbah]

They would merely outlaw credit.

It's not like most of them CARE what happens after that.

After all, they seem to think that if they smash the system, then POW-WAH! will flow to DA PEE-PULL!

No need for any messy efforts to create a new system or anything like that.

And there are those who WANT a global Beirut, because they think they'd be the King Rat.