Tuesday, May 3, 2011

Regional banking caucuses

Should be formed in the House, organized by district membership in a Regional Federal Reserve. Then the caucus selects the regional bankers. Let regional banks have greater leeway with regional loans they know about. See, that's Money Illusion, using the bank creation process.

Barney says otherwise.

Speaking about acts of monetary stimulus, when is Ben going to open a Bitcoin position? Having the Fed trade around the six month periods helps clear Bitcoin accounts. That is getting transaction counts up at the retail level.

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