Why don't we do that?
I think we should because if we left it up to the States, then no one could consider anything to "big to fail", even though nothing is ever too big to fail.
I think that leaving it up to the states would be a much better idea. It would reduce how much businesses and people borrowed, and then the States would be likely to require that Gold be used in payment of taxation.
I'm not saying that it will ever happen because the banksters will never allow it, but it's a good idea.
Free banking works fine as long as all taxes are collected only in gold, as long as there are adequate state laws against fraud, no deposit insurance, and no Federal bankruptcy laws.
I think we should because if we left it up to the States, then no one could consider anything to "big to fail", even though nothing is ever too big to fail.
I think that leaving it up to the states would be a much better idea. It would reduce how much businesses and people borrowed, and then the States would be likely to require that Gold be used in payment of taxation.
I'm not saying that it will ever happen because the banksters will never allow it, but it's a good idea.
Free banking works fine as long as all taxes are collected only in gold, as long as there are adequate state laws against fraud, no deposit insurance, and no Federal bankruptcy laws.
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