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@𝔒𝕨𝖑𝘡
Fractional reserve banking. What are our options?
a) ban it (in favour of making money creation an instrument of the state a la Positive Money)
b) remove all government control from money creation (privatise central banks, remove deposit protection and refuse bailouts a la schlichter)
c) something else?
What would you go for and why?
Can there be more than one "right" (optimal? feasible?) option?