I'm not sure where I'm at on the current fractional reserve banking system. Backing paper money by having people base their promise to pay to keep their home is

I'm not sure where I'm at on the current fractional reserve banking system. Backing paper money by having people base their promise to pay to keep their home isn't such a bad idea. See: http://en.wikipedia.org/wiki/Endowment_effect http://en.wikipedia.org/wiki/Endowment_effect "The endowment effect is a hypothesis that people value a good or service more once their property right to it has been established." So, people do anything to keep their home usually, and work hard. Creating a note payable secured by someone's house seems like a valid way to build things for people who haven't saved for years for them. Various governments who change the currency rules constantly to manipulate the money supply seems like it might be an outdated idea, though I'm not sure how we'd create an alternative.