Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
the fractional reserve system is already asset based.

I've yet to understand any major difference between our current system where governments guarantee our money (via the power to tax) and where banks issue debt secured by assets to your new paradigm.  

Lots of fancy words but no hard examples.  

by HiD on Fri Jan 19th, 2007 at 07:25:50 AM EST
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