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The Wikipedia article is on Full Reserve banking so it partially applies to the case for 100% gold full reserve banking. Basically every unit of money lent out would represent a unit of actual savings, ie, a bank checking account would simply be a warehouse for money. Loans would be made...

Free Thinker, you do not know what a 100% reserve standard is. It is NOT what existed prior to the Fed. You can't name a period in history that had a financial crisis under a 100% reserve standard because it does not exist. Sad to see people jump to conclusions and label others...

Insults add no value to the discussion. Instead, can you point me to the time an economy ran exclusively on a 100% reserve gold/commodity system, and provide some evidence that it was unstable?

The problem with Gold/Silver money or competing currencies is that they would leave very little room for State directed Parasitism of all kinds. Not just "welfare" but also "Warfare" and "crony-finance capitalism" that pilfers wealth to those who most benefit from a manipulated cost of capital...

Sounds like the might have been running a pyramid scheme.

That is good to know, Thanks Mr. King

Horse Shit! EMR is right on the money. The shades of grey are simply lies liberal tell in order to hide their malfeasance and culpability in the decline of America's greatness. Both Repubtards and Democraps are guilty of sucking the state's tit which has in turn sucked (much of)...

To their credit, the BBB recently helped my wife get a refund on a bunch of defective merchandise the merchant was refusing to refund prior to contact the BBB. Even if they do not do any checking at all as to who joins, they do work to hold companies accountable if they F over consumers.

Yes, I think there is allot of potential. I am amazed more people have not come forward since NAFTA + the financial bubbles started destroying american industry and American jobs. I think domestic industry, small and medium businesses, and the blue collar/middle class in the private...

Yes, essentially they are artificially made clouds. The combustion process creates water and carbon dioxide, which is then rapidly cooled causing condensation and the formation of what are effectively clouds. There is a process used to "seed" clouds and force rain in order to control local...

Eat a healthy, natural diet and get exercise that is reasonable and safe. That is 95% of heath. Never go to the hospital unless you need a broken bone set (emergency care) or have a serious disease. All these stupid drugs... What they do not tell you is that healthy, plant based diet...

Saudi Arabia is a dictatorship that has been propped up by the united states. The saudi Royal family owes everything they have (obscene wealth) to the united states. I am certain if we wanted to apply more leverage or set terms, we could do so. Our poor performance in these wars has...

Optional, what religion do you practice? We have seen you defending Religion But never (so far as I have seen) a particular spiritual path. Are they all equal??

What you are seeing is condensed water vapor that results from Jet engine exhaust being expelled into a cold environment.

What is the long term solution to the problem? The back and forth is just annoying. I for one am tired of hearing about it. Someone needs to propose a solution, a target, or a border line, a big enough fence, whatever it is, and just make it happen. We need to know exactly how much...

Who is getting robbed? SAVERS. Savers currently are taxed at 100% courtesy of the federal reserve. "Savers" are often middle class and lower people who do not have the capacity or circumstances to intelligently take speculative risks in things like stocks. The wealthy...

All very true. But note that who and what they target for "equalization" is not random. The left seeks domination so they naturally target those who threaten their power or those who are capable of functioning autonomously. There are PLENTY of fields that are vastly unequal in terms of...

I was approached on state street last weekend by a guy with long flowing white hair down to his waste and a beard almost the same length. He stepped in front of my path and said, "I spilled milk and saw the face of Jesus". I responded, "Fasinating". He replied, "I once saw an image...

One way to think about adding to a trade that has moved against the original position is as follows: -Each entry is essentially a different sub-system. If each entry level tests out as a viable strategy component independent of the others, there is no inherent reason not to take additional...

Surf have you conducted any first hand research? One thing I do agree is true, and that would make an interesting indicator if it could be computed, is that trend following is quite sensitive to the total amount of capital being deployed on the strategies. There is a huge yoyo effect...