[ExI] Fwd: Monopolies in banking

[Stefano Vaj]

Oops. I hit "reply" as usual, but Gmail for any reason addressed my
msg below personally to Dan...

Thus, I have to forward it by hand.


---------- Forwarded message ----------
From: Stefano Vaj <stefano.vaj at gmail.com>
Date: Wed, Jun 24, 2009 at 6:47 PM
Subject: Re: [ExI] Monopolies in banking
To: Dan <dan_ust at yahoo.com>


On Wed, Jun 24, 2009 at 5:31 PM, Dan<dan_ust at yahoo.com> wrote:
 Why not a free market in money and banking?

I am not so sure what this may mean. In principle, money belongs to
the political community where the same is common currency. To the
"people", if you prefer. Nothing even today prevents somebody to sell
piece of papers, and exchange them against goods or services if he or
she so wishes. Nothing but the fact that you are probably going to be
killed if you have any success at all. :-)

> They truly don't have independence.  That's just another pretense.

The problem is that unfortunately they do. :-)

>> Once the country concerned has some form or other of a
>> democratic
>> regime, you can call it "democratic" control.
>
> The illusion of control really.

OK, reality is all an illusion, and free will does not even exist in
the first place, but if this is the case, no real reason to object to
nationalisation of central banks, right?

--
Stefano Vaj



-- 
Stefano Vaj