Sigh

Richard Murphy:

The right of a bank to even create money, as they have done without control for the last few decades, might even be questioned.

Yes, he\’s talking about fractional reserve banking again.

Sigh.

2 thoughts on “Sigh”

  1. does mastermind Dick explain why? I cannot be bothered to read his simple-minded drivel. Surely, the law-maker sets the parameters. The institutions obey. if they break the law: tough. However, whereas people are now fond of saying that, because it was not disallowed therefore it was permitted, surely there should have been a rule that said, if you get it wrong, you are on your own in Iceland in Winter with Polly and Murphy.

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