3 ms·
Maybe we should just reform money then, capitalism is fine according to your problem description, the problem is fractional reserve banking. Maybe bitcoin, gold
by andriesm 5y ago
Maybe we should just reform money then, capitalism is fine according to your problem description, the problem is fractional reserve banking. Maybe bitcoin, gold, or some similar idea would solve your entire concern? Often times people refer to gold money as "honest money" in contrast to FIAT money (money declared into existence by the government).