A better idea would be to go back to savings banks and commercial banks
Savings banks restricted to tight lending requirements and a guarantee
Commercial banks no guarantee and no government QE or funds --- IE a private busoness
Neither have the ability to print money, or as the purists will say, invent credit
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- Stop the big 4 Banks' right to create money
Stop the big 4 Banks' right to create money, page-4
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Peter Batten, MD
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