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  • Profile picture of Dan

    Dan posted an update 10 years, 3 months ago

    Those Swiss have gone mad thankfully.
    ..”The referendum, known as the Vollgeld initiative, would require banks to hold 100% reserves against their deposits. In effect, commercial banks would become money warehouses– albeit holding both physical and electronic currency–something many libertarians and Austrians have long favored….http://jaytaylormedia.com/the-swiss-consider-a-national-referendum-on-fractional-reserve-banking/

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