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Old 11-28-2007, 06:58 AM
Bedreviter Bedreviter is offline
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Join Date: Oct 2007
Posts: 456
Default Re: A fractional Reserve

But thats more of an argument against how the government have spent their money, not how the money is "made". If you suggest that you need a gold-backed currency (or something similar) to limit the governments spending it seems like the government and not the currency is the problem. Implementing rules related to how government can spend their money could solve much of those problems without having to get rid of fiat money.
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