Darling 'may strip Bank of powers'

nearlynew

purch wrote: »

:j

Good.

Come back when you actually understand how the system works, rather than relying hearsay and bloggers ramblings.

........................I'm back.

Is there anything you'd like me to explain to you?

Generali

nearlynew wrote: »

........................I'm back.

Is there anything you'd like me to explain to you?

Out of interest, what would you replace the current corporatist capitalism with? If you want to get rid of fractional reserve banking for example, what would you replace it with and how would you get there?

nearlynew

Generali wrote: »

Out of interest, what would you replace the current corporatist capitalism with? If you want to get rid of fractional reserve banking for example, what would you replace it with and how would you get there?

Unlike your good self, I am not a trained economist.

But like you during your training, my opinions are shaped by experience and by reading and listening to those that know more about a subject than I do.

Having seen, read and listened to a whole bunch of arguments, I have to say I am drawn to the austrian school of economics as espoused by the Mises Institute and I also like a lot of what Ron Paul has to say on the matter.

See here.............

http://mises.org/literature.aspx

http://www.ronpaul.com/on-the-issues/fiat-money-inflation-federal-reserve/



In summary..............small government and sound money