My Fellow Cypherpunks,
THIRD EDITION!! Sorry, this corrects the 2nd edition and 1st which had bad links. AOL is a bitch!
My 1st post on this subject lost text. sorry. Here is the full text:
I have found another alternative to our corrupt, fiat, debt issued, privately owned, fractionally reserved $US. - Silver Banks.
Here is the idea. The silver bank only accepts the walking silver dollar coin. It treats each coin as 1 US dollar as it nominally is.
However, each coin is worth many times that in $US money. Bank members are encouraged to deal with each other by
writing checks on the silver bank. Also, members are encouraged to give deep discounts to other members for purchases.
There are tax advantages to using the silver bank. Also, the transactions and store of value are inflation proof. Also, VERY
IMPORTANT, use of the bank will encourage "velocity of transactions" (business) among the members and, thusly, keep
the members prosperous.
Well, Cypherpunks, is this a good plan or not? Any ideas for making it better?
The link below is where I got the info from:
http://www.strike-the-root.com/columns/guillory/guillory3.html
Yours Truly,
Gary Jeffers
BEAT STATE!!!!
to see how the world really works see:
www.WHATREALLYHAPPENED.COM and
http://www.skolnicksreport.com/
to see how our evil money system really works see:
www.fame.org