Apparently Bruce Springsteen also has performed this song. The lyrics are at
http://www.thuismarkt.nl/users/springsteen/Lyrics/War-7585.html
-Original Message-
From: Ian Green [mailto:[EMAIL PROTECTED]]
Sent: Tuesday, 26 June 2001 11:04 PM
To: e-gold Discussion
Subject: Fractional
I am quite possibly going to brand myself a pariah on this list by standing
up in favor of fractional reserve banking, though certainly not its current
incarnation.
There is nothing wrong with fractional reserves per se. The problem is the
incestuous relationship between the checking and the
Message -
From: Samuel Mc Kee [EMAIL PROTECTED]
To: e-gold Discussion [EMAIL PROTECTED]
Sent: Tuesday, June 26, 2001 11:16 AM
Subject: [e-gold-list] RE: Fractional Reserve Banking... What is it good
for?
I am quite possibly going to brand myself a pariah on this list by
standing
up in favor
A currency that is 100% backed by gold may sell itself as AUG or grams of
gold.
To which e-gold GoldMoney, and soon e-bullion, can all stand and proudly
proclaim. Standard Reserve's gold-backed side of their accounts also meet
this qualification, even if they are 1 step removed, being 100%
The only one who is currently an ether gold is OSGold.
If they are not 100% backed, then I fully agree with you, but where is the
evidence. It seems to me that we just don't know what OSGold is since they
have not disclosed it. They might be 100% backed, they might be pure ether
(no backing
The only one who is currently an ether gold is OSGold.
If they are not 100% backed, then I fully agree with you, but where is the
evidence. It seems to me that we just don't know what OSGold is since they
have not disclosed it.
They have. They made a proud, high-faluting claim of being