[e-gold-list] Re: Fractional Reserve Banking

[C. Cormier - Ormetal Inc.]

On 13 Apr 2001, at 14:11, CCS wrote:

> Namely, the assertion that the use by a 3rd party,
> such as SR, of e-gold to back another currency, such as AUG, would
> introduce risk to e-gold itself.

I don't remember saying this. The risk I mentioned was for the 
currency that is introducing fractional reserve banking.

I agree with you. In the case, you mention, there would be no risk 
to e-gold itself.

Claude

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