PEN-L
mailing list archive
[ Other Periods
| Other mailing lists
| Search
]
Date:
[ Previous
| Next
]
Thread:
[ Previous
| Next
]
Index:
[ Author
| Date
| Thread
]
Re: [Pen-l] Many happy (Austrian) returns
- To: "Progressive Economics" <pen-l@xxxxxxxxxxxxxxxxxx>
- Subject: Re: [Pen-l] Many happy (Austrian) returns
- From: raghu <mraghu01@xxxxxxxxx>
- Date: Fri, 24 Oct 2008 09:03:05 -0700
- Dkim-signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=gamma; h=domainkey-signature:received:received:message-id:date:from:to :subject:in-reply-to:mime-version:content-type :content-transfer-encoding:content-disposition:references; bh=xe5Kh0zemy84XnWqOZLrWCSfDv/XuX0QGWTM73kYwCM=; b=ofU/zR1ZGgn90JeFLtc42nzhFTKUc1yUGfpndKoK89qhOPFTMgbfY5WYUSiYNSSHng UD1RCqH3M6OPJ0Ej8ZO46XgkGcNJwbm6vso8ptO3Ms8f0x8HGY4hDdKec1P9KAu+STGn 3yCUoZGs3h0H+prXf6QTTqG2+nLjIabSzI7so=
- Domainkey-signature: a=rsa-sha1; c=nofws; d=gmail.com; s=gamma; h=message-id:date:from:to:subject:in-reply-to:mime-version :content-type:content-transfer-encoding:content-disposition :references; b=woXUll04N7rB7hDP8yc4WQpYKzTVKUjpo37NRbLS9d57QyGdY3/iUqgtZ/dApsolIK YIrh61nzVEwbBKSd2s2gggCBDYUR1ocFemRVt1aG/VoNy+SNPMoMqphdTrVbmP4fw971 8D/kj0ijohI8AhPkfq4RPB6DrTKdB+0AN1q4A=
On Fri, Oct 24, 2008 at 8:20 AM, <dsquared@xxxxxxxxxxxxxxxx> wrote:
> There is also a substantial subculture in favour of "free banking" - ie, using the obligations of privately owned banks as the currency, as was done in Scotland in the 18th century*. This has some elements of fiat and some of gold, in that the currency has to be ultimately convertible into gold, but there is some scope for bankers to expand their issue.
>
Didn't the US have something like this before the Civil War?
-raghu.
--
Auto Biography (n) - The life story of a car.
_______________________________________________
pen-l mailing list
pen-l@xxxxxxxxxxxxxxxxxx
https://lists.csuchico.edu/mailman/listinfo/pen-l
[ Other Periods
| Other mailing lists
| Search
]