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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: gpowell who wrote (53693)2/13/2006 12:18:26 PM
From: mishedlo  Read Replies (1) of 110194
 
I presume you would also let the free market as opposed to the FED set interest rates as well. In fact, are you proposing abolishing the FED? Anyway how does free market creation of money work in your system? Do you allow for fractional reserves? Are you really creating money or credit or do you make a distinction?

Mish
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