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cfweho

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  • 1 month ago

    Gold standard debunked - Interview with Byron Dale part 2 of 3

    Byron Dale is asked how The Ludwig von Mises Institute is advocating a gold standard, and can we or can't we go to a gold standard. Mr. Dale lays ...

    cfweho cfweho commented:

    @theByron... I obviously don't know what I'm talking about, I said frac reserve banking is a vertical transaction... (it's really a horizontal transaction, and govt spending as money creation is a vertical transaction). So thanks for good info, I had no idea that the govt had to borrow dol...

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