EC IL | dairyman78 - 7/26/2013 07:03
My feeling is that it's wishful thinking that we can have banking system without regulations but as long as we have human greed it will end in disaster. A great idealist idea but in reality it won't work.JMHO.
http://www.lp.org/platform
2.5 Money and Financial Markets
We favor free-market banking, with unrestricted competition among banks and depository institutions of all types. Individuals engaged in voluntary exchange should be free to use as money any mutually agreeable commodity or item. We support a halt to inflationary monetary policies and unconstitutional legal tender laws. |
Milton Friedman
