Should banks be allowed to create money? (user search)
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April 27, 2024, 06:50:04 PM
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  Should banks be allowed to create money? (search mode)
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Poll
Question: Note: This is the staus quo
#1
Yes
 
#2
No
 
#3
I'm not sure
 
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Partisan results

Total Voters: 26

Author Topic: Should banks be allowed to create money?  (Read 2137 times)
opebo
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Posts: 47,009


« on: July 27, 2012, 05:04:46 PM »

We are talking about money multipliers, yes?  Then of course they should, basic economics

Keep in mind your 'basic economics' is a sham and a fraud.

I am happy with this fraud, but it should be entirely State-controlled.
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opebo
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Posts: 47,009


« Reply #1 on: July 27, 2012, 07:14:07 PM »

History has taught us that state-controlled economies have always performed poorly compared to even sort-of free markets.

That depends entirely upon what are your goals, Vosem. 
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opebo
Atlas Legend
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Posts: 47,009


« Reply #2 on: July 28, 2012, 11:29:44 AM »

History has taught us that state-controlled economies have always performed poorly compared to even sort-of free markets.

That depends entirely upon what are your goals, Vosem. 

Better products, better average style-of-life, and profit, of course.

Paid for by mass poverty and exploitation, good show!
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