We can debate hours about the good the bad and the ugly of the monetary policies implemented by the ECB, the BOJ and the FED the last few years. Anyway, what we need to keep in mind is that any action…. provocate some reaction at some point in time. The QE experiment has shown that […]
WE CAN LIVE IN A WORLD WITH A DIFFERENT SET OF RULES ABOUT MONEY. Fractional Reserve Banking as we know it, is the fruit of centuries of evolution. Maybe the crisis is an excellent opportunity to think about a new step in the evolution process. Money is to the economy what blood is to our […]
An eventual solution to the fractional reserve banking system ?