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Tag Archives: fractional reserve
Biophysical Economics
Biophysical Economics: From Physiocracy to Ecological Economics and Industrial Ecology This paper explains why sustainability is not possible under the fractional reserve banking system, or within the framework of current economic theory. In short, this system — as with ponzi … Continue reading
Posted in The Nature of Money
Tagged economics, end of money, fractional reserve, reinventing money, Thomas Greco, time banking
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