Re: Interesting read, From gold to paper money to plastic.

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Re: Interesting read, From gold to paper money to plastic.

in response to

Interesting read, From gold to paper money to plastic.

jefferam

posted on Oct 31, 2008 10:53AM

The writer of that article is unfamiliar with how a fractional reserve banking system works, and somehow unfamiliar with the fact that most of our 'money' is, in fact, already just electronic entries in computer databases.

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