Comments on: Why the Money Supply Should not be Manipulated: a Response http://blog.paulmckeever.ca/2006/02/05/why-the-money-supply-should-not-be-manipulated-a-response/ Reality, Reason, Self, Consent, Capitalism Mon, 16 Jan 2012 08:26:03 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Paul McKeever http://blog.paulmckeever.ca/2006/02/05/why-the-money-supply-should-not-be-manipulated-a-response/comment-page-1/#comment-7 Paul McKeever Sun, 01 Mar 2009 15:34:08 +0000 http://blog.paulmckeever.ca/?p=22#comment-7 Absent credit, try and buy a burger with some trust. Credit is trust. The question is whether the trust is warranted. With a 100% reserve system, trust can rightly be earned and warranted. With a fractional reserve system, it cannot be warranted. Absent credit, try and buy a burger with some trust. Credit is trust. The question is whether the trust is warranted. With a 100% reserve system, trust can rightly be earned and warranted. With a fractional reserve system, it cannot be warranted.

]]> By: Cato http://blog.paulmckeever.ca/2006/02/05/why-the-money-supply-should-not-be-manipulated-a-response/comment-page-1/#comment-6 Cato Sun, 01 Mar 2009 06:11:27 +0000 http://blog.paulmckeever.ca/?p=22#comment-6 Can it really be argued that banks create money out of thin air when the money (credit) they create is actually backed by the trust they've built up over the years? Isn't the money actually backed by an asset - their trust? Can it really be argued that banks create money out of thin air when the money (credit) they create is actually backed by the trust they’ve built up over the years? Isn’t the money actually backed by an asset – their trust?

]]> By: Paul McKeever http://blog.paulmckeever.ca/2006/02/05/why-the-money-supply-should-not-be-manipulated-a-response/comment-page-1/#comment-5 Paul McKeever Sat, 21 Feb 2009 00:57:22 +0000 http://blog.paulmckeever.ca/?p=22#comment-5 Hi Andre: Thanks for writing. No, I see no reason why 100% reserve banking would not work on a global scale. The more important question is: why do some people continue to think that fractional reserve banking 'works' on a global scale (or on any other scale, for that matter)? Hi Andre:

Thanks for writing. No, I see no reason why 100% reserve banking would not work on a global scale.

The more important question is: why do some people continue to think that fractional reserve banking ‘works’ on a global scale (or on any other scale, for that matter)?

]]> By: Andre http://blog.paulmckeever.ca/2006/02/05/why-the-money-supply-should-not-be-manipulated-a-response/comment-page-1/#comment-4 Andre Sat, 21 Feb 2009 00:00:08 +0000 http://blog.paulmckeever.ca/?p=22#comment-4 Wonderful! A simple explanation of the subject of 100% reserve banking. I am an American with a Jurist Doctorate. I really want to become an expert on the subject. I think I have found a cause worth fighting for. Fractional reserve banking needs to become a thing of the past. As of yet I have not considered 100% reserve banking on a global scale. Do you see any reason why 100% reserve banking would not work on a global scale? Wonderful! A simple explanation of the subject of 100% reserve banking. I am an American with a Jurist Doctorate. I really want to become an expert on the subject. I think I have found a cause worth fighting for. Fractional reserve banking needs to become a thing of the past. As of yet I have not considered 100% reserve banking on a global scale. Do you see any reason why 100% reserve banking would not work on a global scale?

]]> By: Banking and Morality: 100% Reserve versus “Fractional” Reserves : Paul McKeever http://blog.paulmckeever.ca/2006/02/05/why-the-money-supply-should-not-be-manipulated-a-response/comment-page-1/#comment-3 Banking and Morality: 100% Reserve versus “Fractional” Reserves : Paul McKeever Mon, 20 Oct 2008 12:34:56 +0000 http://blog.paulmckeever.ca/?p=22#comment-3 [...] written pieces (see here, here, and here, for examples) and in videos, I have advocated a 100% reserve requirement for banks. I am [...] [...] written pieces (see here, here, and here, for examples) and in videos, I have advocated a 100% reserve requirement for banks. I am [...]

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