Friday, March 29, 2013
BILL3 — How Banking Actually Works In Fiat World, Part 2
Follow on to this post which was cited at MNE here. Clear description of how reserves function in the payments system.
I hope Robert Murphy reads these posts before the debate with Warren.
Daily Paul
How Banking Actually Works In Fiat World, Part 2
BILL3
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3 comments:
Robert Murphy wouldn't understand those posts!!!
Ha! Lol Tom...
'Daily Paul' where the tagline is:
'Peace, Gold, Love' lol!
And they have the 'Au' in different colors!
These gold sellers will go to any ends!
And all the 'prepper' ads!
Now THIS is funny!
A very good brief description for people new to the subject. I'll be linking this one when the subkect comes up in discussions.
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