On Mon, Sep 26, 2011 at 12:02 AM, Chris Palmer <[email protected]> >
Bankruptcy should not require jail or indentured
> servitude time in order to make a gold standard work,
What made the gold standard fail was the capability of financiers to get
away with using borrowed money irresponsibly and recklessly.
To ensure that such behavior can always be bailed out, needs fiat money.
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